Standard hours allowed = 6500*0.50 = 3250 |
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Standard cost allowed = 3250*11 = 35750 |
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Labor spending variance = 35750-36800 = 1050 U |
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Labor Rate Variance = (SR-AR) *AH = (11-11.50)*3200 = 1600 U Labor Efficiency variance = (SH-AH) *SR = (3250-3200)*11 = 550 F |
Bubba Gump's Meals prepares meals for daytime fishing excursion boats operating in the Gulf of Mexico....
Bubba Gump's Meals prepares meals for daytime fishing excursion boats operating in the Gulf of Mexico. One of Bubba Gump's most popular meals consists of boiled shrimp with fried potatoes and okra. Last week. Bubba's prepared 4,800 of these meals using 1.400 direct labor-hours. Bubba paid direct labor workers a total of $18,200 for this work, or $13.00 per hour The standard cost system at Bubba's indicates that the standard cost for this meal is based on 0.30 direct labor-hours...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company paid its direct labor workers a total of $36,800 for this work, or $11.50 per hour. According to the standard cost card for this meal, it should require 0.50 direct labor-hours at a...
Appl Saved Chapter10 Homework(E10-1.2,3) Exercise 10-2 Direct Labor Variances [LO10-2] 2 SkyChefs, Inc, prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company paid its direct labor workers a total of $36,800 for this work, or $11.50 per hour. 10 ponts According to the standard...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,500 of these meals using 3,200 direct labor-hours. The company paid these direct labor workers a total of $36,800 for this work, or $11.50 per hour. According to the standard cost card for this meal, it should require 0.50 direct labor- hours at...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,800 of these meals using 882 direct labor-hours. The company paid its direct labor workers a total of $10,143 for this work, or $11.50 per hour. According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,800 of these meals using 882 direct labor-hours. The company paid its direct labor workers a total of $10,143 for this work, or $11.50 per hour. According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a...
2 5 points Sky Chefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dm sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 7,200 of these meals using 2,800 direct labor-hours. The company paid its direct labor workers a total of $22.400 for this work, or $8.00 per hour. According to the standard cost card for this meal, it should require 0.40...
Sky Chefs, Inc. prepares in-flight meals for a number of major airlines. One of the company's products is goed salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 5,100 of these meals using 2,000 direct labor-hours. The company paid its direct labor workers a total of $28,000 for this work, or $14.00 per hour. According to the standard cost card for this meal, should require 0.40 direct labor hours at...
Exercise 10-2 Direct Labor Variances [LO10-2] Sky Chefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,800 of these meals using 882 direct labor-hours. The company paid its direct labor workers a total of $10,143 for this work, or $11.50 per hour. According to the standard cost card for this meal, it...
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company’s products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,200 of these meals using 1,200 direct labor-hours. The company paid its direct labor workers a total of $10,800 for this work, or $9.00 per hour. According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a...