11) If a company pays their factory workers an hourly wage less than expected, which variance...

Question

Question

11) If a company pays their factory workers an hourly wage less than expected, which variance would this affect? A) The labor

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

$10( hour. hous Budgeled lubore per actually paied ?is $9(hour berашя оf oto a vari an e This A) labor ate vari ance 12) B) p

Add a comment

Answer 2

Similar Homework Help Questions

Bellingham Company produces a product that requires 14 standard pounds per unit. The standard price is...

Bellingham Company produces a product that requires 14 standard pounds per unit. The standard price is $11.5 per pound. If 3,100 units used 44,300 pounds, which were purchased at $11.15 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Favorable b. Direct materials quantity variance $...
Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of...

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $12.90 per hour. Production of 6,600 units required 20,390 hours at an hourly rate of $13.20 per hour. Enter favorable variances as negative numbers. a. Determine the direct labor rate variance. Favorable or Unfavorable. b. Determine the direct labor time variance. Favorable or Unfavorable. c. Determine the cost variance.Favorable or Unfavorable.
Question 25)A company's production department was experiencing a high defect rate on the assembly line, which...

Question 25)A company's production department was experiencing a high defect rate on the assembly line, which was slowing down production and causing wastage of valuable direct materials. The production manager decided to recruit some highly skilled production workers from another company to bring down the defect rate but was worried that the higher wages of these workers might negatively affect operating income. This would produce a(n) A) Unfavorable direct materials cost variance B)Unfavorable direct labor cost variance c)Unfavorable direct labor...

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of...

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of $18.00 per hour. Production of 5,400 units required 15,710 hours at an hourly rate of $17.60 per hour. Enter favorable variances as negative numbers. (a) Determine the direct labor rate variance. (b) Determine the direct labor time variance. Favorable (c) Determine the cost variance. Unfavorable $
The direct labor efficiency variance is caused by A. Lack of efficiency in preparing the budget....

The direct labor efficiency variance is caused by A. Lack of efficiency in preparing the budget. B. Using more or less direct labor than the standard allows. C. Setting a higher or lower wage standard than is practical. D. Paying more or less for direct materials than the standard allows. Assembly line workers at Thompson Manufacturing worked a total of 12,000 direct labor hours to produce 36,000 units. The standard for producing one unit is 15 minutes at a wage...
Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly...

Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly rate of $17.00 per hour. If 4,900 units required 28,200 hours at an hourly rate of $17.68 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance $ b....

Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly...

Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly rate of $17.00 per hour. If 4,900 units required 28,200 hours at an hourly rate of $17.68 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) total direct labor cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance $ b....
Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per...

Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per unit at a standard hourly rate of $13.00 per hour. If 2,800 units used 20,400 hours at an hourly rate of $12.74 per hour, what is the direct labor (a) rate variance, (b) time variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct labor rate variance...
1) 2) 3) 4) 5) A favorable cost variance occurs when Oa. actual costs are the...

1) 2) 3) 4) 5) A favorable cost variance occurs when Oa. actual costs are the same as standard costs Ob. actual costs are more than standard costs Oc. standard costs are more than actual costs Od. standard costs are less than actual costs The Flapjack Corporation had 8,042 actual direct labor hours at an actual rate of $12.00 per hour. Original production had been budgeted for 1,100 units, but only 999 units were actually produced. Labor standards were 7.9...

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 5,200 units of product were as follows: Standard Costs Actual Costs Direct materials 6,800 lb. at $4.60 6,700 lb. at $4.40 Direct labor 1,300 hrs. at $18.10 1,330 hrs. at $18.50 Factory overhead Rates per direct labor hr., based on 100% of normal capacity...

11) If a company pays their factory workers an hourly wage less than expected, which variance...

Homework Answers

Add Answer to:
11) If a company pays their factory workers an hourly wage less than expected, which variance...

Post as a guest

Earn Coins

Bellingham Company produces a product that requires 14 standard pounds per unit. The standard price is...

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of...

Question 25)A company's production department was experiencing a high defect rate on the assembly line, which...

Japan Company produces lamps that require 3 standard hours per unit at an hourly rate of...

The direct labor efficiency variance is caused by A. Lack of efficiency in preparing the budget....

Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly...

Bellingham Company produces a product that requires 6 standard hours per unit at a standard hourly...

Direct Labor Variances Bellingham Company produces a product that requires 7 standard direct labor hours per...

1) 2) 3) 4) 5) A favorable cost variance occurs when Oa. actual costs are the...

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Mackinaw Inc. processes a base chemical...

11) If a company pays their factory workers an hourly wage less than expected, which variance...

Homework Answers

Add Answer to: 11) If a company pays their factory workers an hourly wage less than expected, which variance...

Post as a guest

Earn Coins

Add Answer to:
11) If a company pays their factory workers an hourly wage less than expected, which variance...