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Blue Corporation's standards call for 6,650 direct labor-hours to produce 1,900 units of product. During 1,600...
6 Piper Corporation’s standards call for 6,650 direct labor-hours to produce 1,900 units of product. During...
6 Piper Corporation’s standards call for 6,650 direct labor-hours to produce 1,900 units of product. During October the company worked 1,800 direct labor-hours and produced 1,600 units. The standard hours allowed for October would be: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 6,650 hours 1,800 hours 5,600 hours 5,050 hours
29) Piper Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During...
29) Piper Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company worked 1,250 direct labor-hours and produced 300 units. The standard hours allowed for October would be: A) 1,250 hours B) 1,000 hours C) 1,200 hours D) 1,300 hours
Piper Corporation’s standards call for 7,800 direct labor-hours to produce 1,950 units of product. During October...
Piper Corporation’s standards call for 7,800 direct labor-hours to produce 1,950 units of product. During October the company worked 1,850 direct labor-hours and produced 1,300 units. The standard hours allowed for October would be: (Round your intermediate calculations to 1 decimal place.)
apter 10 Quiz 6 Seved Help Save & 4 Piper Corporation's standards call for 3,750 direct...
apter 10 Quiz 6 Seved Help Save & 4 Piper Corporation's standards call for 3,750 direct labor-hours to produce 1,250 units of product. During October the company worked 950 direct labor-hours and produced 950 units. The standard hours allowed for October would be: 00:57:55 Multiple Choice 3,750 hours 150 hours 2,850 hours 2,800 hours
11. Shotz Beverage Corporation's standards call for 2,500 direct labor-hours to produce 1,000 barrels of product....
11. Shotz Beverage Corporation's standards call for 2,500 direct labor-hours to produce 1,000 barrels of product. During May 900 barrels were produced and the company worked 2.400 direct labor hours. The standard hours allowed for May production would be: A 2,500 hours B. 2.400 hours C. 2,250 hours D. 1,800 hours 12. Opportunity costs are: A Not used for decision making B. The same as variable costs C. The same as historical costs D. Relevant in decision making 13. Granger...
the standards for direct labor for a product are 2.5 hours at $8 per hour. Last...
the standards for direct labor for a product are 2.5 hours at $8 per hour. Last month, 9,000 units of the product were made and the labor efficiency variance was $8,000 F. The actual number of hours worked during the past period was: 22,500 21,500 20,500 23,500
2. Irving Corporation makes a product with the following standards for direct labor and variable overhead:...
2.
Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours 0.20 hours 0.20 hours Standard Price or Standard Cost Per Rate Unit $30.00 per hour $6.00 $ 6.60 per hour $1.32 Direct labor Variable overhead In November the company's budgeted production was 6,900 units, but the actual production was 6,700 units. The company used 1,520 direct labor-hours to produce this output. The actual variable overhead cost was $9,424. The company...
The following direct labor standards have been established for product E45O: Standard direct labor hours....... 8.2hrs/unit...
The following direct labor standards have been established for product E45O: Standard direct labor hours....... 8.2hrs/unit of e45O Standard Direct labor wage rate.... $13.00/hr The following data pertains to last month’s operations: Actual output of e45O...... 1120 units Actual Direct labor-hours worked.... 9300 hours Actual direct labor wages paid..... $115,320 Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month?
Walsh Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4...
Walsh Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4 hours per unit Standard direct labor rate $ 24.00 per hour In May the company produced 8,500 units using 3,220 direct labor-hours. The actual direct labor rate was $22.10 per hour. The labor rate variance for May is: Select one: a. $6,118 F b. $6,118 U c. $6,460 F d. $6,460 U
Javonte Co. set standards of 3 hours of direct labor per unit of product and $16.20...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.20 per hour for the labor rate. During October, the
company uses 20,000 hours of direct labor at a $328,000 total cost
to produce 6,800 units of product. In November, the company uses
24,000 hours of direct labor at a $394,800 total cost to produce
7,200 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
29) Piper Corporation's standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company worked 1,250 direct labor-hours and produced 300 units. The standard hours allowed for October would be: A) 1,250 hours B) 1,000 hours C) 1,200 hours D) 1,300 hours
apter 10 Quiz 6 Seved Help Save & 4 Piper Corporation's standards call for 3,750 direct labor-hours to produce 1,250 units of product. During October the company worked 950 direct labor-hours and produced 950 units. The standard hours allowed for October would be: 00:57:55 Multiple Choice 3,750 hours 150 hours 2,850 hours 2,800 hours
11. Shotz Beverage Corporation's standards call for 2,500 direct labor-hours to produce 1,000 barrels of product. During May 900 barrels were produced and the company worked 2.400 direct labor hours. The standard hours allowed for May production would be: A 2,500 hours B. 2.400 hours C. 2,250 hours D. 1,800 hours 12. Opportunity costs are: A Not used for decision making B. The same as variable costs C. The same as historical costs D. Relevant in decision making 13. Granger...
2.
Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hours 0.20 hours 0.20 hours Standard Price or Standard Cost Per Rate Unit $30.00 per hour $6.00 $ 6.60 per hour $1.32 Direct labor Variable overhead In November the company's budgeted production was 6,900 units, but the actual production was 6,700 units. The company used 1,520 direct labor-hours to produce this output. The actual variable overhead cost was $9,424. The company...
Javonte Co. set standards of 3 hours of direct labor per unit of
product and $16.20 per hour for the labor rate. During October, the
company uses 20,000 hours of direct labor at a $328,000 total cost
to produce 6,800 units of product. In November, the company uses
24,000 hours of direct labor at a $394,800 total cost to produce
7,200 units of product. AH = Actual Hours SH = Standard Hours AR =
Actual Rate SR = Standard Rate...
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