Homework Answers
Actual Cost = Standard Cost + Unfavorable Variance - Favorable Variance
= 440,000 +27000 + 12,000
= $479,000
Hnece, actual direct labor cost = $479,000
Add Answer to:
QS 8-12 Labor cost variances LO P2 Frontera Company's output for the current period results in a $27,000 unfavorabl...
QS 23-12 Labor cost variances LO P2 Frontera Company's output for the current period results in...
QS 23-12 Labor cost variances LO P2 Frontera Company's output for the current period results in a $29,000 unfavorable direct labor rate variance and a $14,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $370,000 standard direct labor cost What is the actual total direct labor cost for the current period? Actual total direct labor cost
Chapter 21 Quick Study Saved Help Save & Exit Submit Check my work 8 QS 21-12 Labor cost variances LO P2 Frontera C...
Chapter 21 Quick Study Saved Help Save & Exit Submit Check my work 8 QS 21-12 Labor cost variances LO P2 Frontera Company's output for the current period results in a $21,000 unfavorable direct labor rate variance and a $13,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $420,000 standard direct labor cost. 5 points What is the actual total direct labor cost for the current period? 03:05:49 Actual total direct labor cost Skipped eBook...
QS 8-10 Materials cost variances LO P2 Juan Company's output for the current period was assigned...
QS 8-10 Materials cost variances LO P2 Juan Company's output for the current period was assigned a $160,000 standard direct materials cost. The direct materlals variances included a $14,000 favorable price variance and a $2700 favorable quantity variance. What is the actual total direct materials cost for the current period? Actual total direct materials cost
3073 1 Frontera Company's output for the current period results in a $23,000 unfavorable direct labor...
3073 1 Frontera Company's output for the current period results in a $23,000 unfavorable direct labor rate variance and a $11,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $410,000 standard direct labor cost. What is the actual total direct labor cost for the current period? Actual total direct labor cost 11 of 24 < Prey Next >
QS 8-9 Materials cost variances LO P2 For the current period, Kayenta Company's manufacturing operations yield a $4...
QS 8-9 Materials cost variances LO P2 For the current period, Kayenta Company's manufacturing operations yield a $4,000 unfavorable price variance on its direct materials usage. The actual price per pound of material is $86, the standard price is $85.50 per pound. How many pounds of material were used in the current period? Actual pounds used pounds
QS 8-11 Direct labor variances LO P2 The following information describes a company's direct labor usage...
QS 8-11 Direct labor variances LO P2 The following information describes a company's direct labor usage in a recent period. Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 71,000 $ 15 72,200 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and...
Sanchez Company's output for the current period was assigned a $415,000 standard direct labor cost. The...
Sanchez Company's output for the current period was assigned a $415,000 standard direct labor cost. The direct labor variances included a $10,375 unfavorable direct labor rate variance and a $4,150 favorable direct labor efficiency variance. What is the actual total direct labor cost for the current period? Multiple Choice $425,375. $429,525. $421,225. $408,775 $400,475
QS 8-7 Materials variances exception LO P2 Tercer reports the following for one of its products....
QS 8-7 Materials variances exception LO P2 Tercer reports the following for one of its products. Direct materials standard (2 lbs. @ $5 per lb.) Actual finished units produced Actual cost of direct materials used $ 10 per finished unit 50,000 units $ 516,000 Compute the total direct materials cost variance and classify it as favorable or unfavorable. Direct materials cost variance
Exercise 21-15 Direct materials and direct labor variances LO P2 The following information describes production activities...
Exercise 21-15 Direct materials and direct labor variances LO P2 The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced 27,000 lbs. at $4.75 per lb. 8,600 hours for a total of $172,860 51,000 Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.70 per pound and 10 minutes of direct labor at $21.00 per hour. AQ = Actual Quantity SQ = Standard...
Exercise 23-12 Direct materials and direct labor variances LO P2 Reed Corp, has set the following...
Exercise 23-12 Direct materials and direct labor variances LO P2 Reed Corp, has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (16 lbs. @ 4 per 1b. Direct labor (3 hrs. @ $16 per hr.) During June the company incurred the following actual costs to produce 8,300 units. Direct materials (135,700 lbs. @ $3.75 per lb.) Direct labor (28,100 hrs. @ $16.15 per hr.). $588,875 453,815 AH - Actual...
QS 23-12 Labor cost variances LO P2 Frontera Company's output for the current period results in a $29,000 unfavorable direct labor rate variance and a $14,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $370,000 standard direct labor cost What is the actual total direct labor cost for the current period? Actual total direct labor cost
Chapter 21 Quick Study Saved Help Save & Exit Submit Check my work 8 QS 21-12 Labor cost variances LO P2 Frontera Company's output for the current period results in a $21,000 unfavorable direct labor rate variance and a $13,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $420,000 standard direct labor cost. 5 points What is the actual total direct labor cost for the current period? 03:05:49 Actual total direct labor cost Skipped eBook...
QS 8-10 Materials cost variances LO P2 Juan Company's output for the current period was assigned a $160,000 standard direct materials cost. The direct materlals variances included a $14,000 favorable price variance and a $2700 favorable quantity variance. What is the actual total direct materials cost for the current period? Actual total direct materials cost
3073 1 Frontera Company's output for the current period results in a $23,000 unfavorable direct labor rate variance and a $11,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $410,000 standard direct labor cost. What is the actual total direct labor cost for the current period? Actual total direct labor cost 11 of 24 < Prey Next >
QS 8-9 Materials cost variances LO P2 For the current period, Kayenta Company's manufacturing operations yield a $4,000 unfavorable price variance on its direct materials usage. The actual price per pound of material is $86, the standard price is $85.50 per pound. How many pounds of material were used in the current period? Actual pounds used pounds
QS 8-11 Direct labor variances LO P2 The following information describes a company's direct labor usage in a recent period. Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 71,000 $ 15 72,200 AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and...
Sanchez Company's output for the current period was assigned a $415,000 standard direct labor cost. The direct labor variances included a $10,375 unfavorable direct labor rate variance and a $4,150 favorable direct labor efficiency variance. What is the actual total direct labor cost for the current period? Multiple Choice $425,375. $429,525. $421,225. $408,775 $400,475
QS 8-7 Materials variances exception LO P2 Tercer reports the following for one of its products. Direct materials standard (2 lbs. @ $5 per lb.) Actual finished units produced Actual cost of direct materials used $ 10 per finished unit 50,000 units $ 516,000 Compute the total direct materials cost variance and classify it as favorable or unfavorable. Direct materials cost variance
Exercise 21-15 Direct materials and direct labor variances LO P2 The following information describes production activities of Mercer Manufacturing for the year. Actual direct materials used Actual direct labor used Actual units produced 27,000 lbs. at $4.75 per lb. 8,600 hours for a total of $172,860 51,000 Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.70 per pound and 10 minutes of direct labor at $21.00 per hour. AQ = Actual Quantity SQ = Standard...
Exercise 23-12 Direct materials and direct labor variances LO P2 Reed Corp, has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (16 lbs. @ 4 per 1b. Direct labor (3 hrs. @ $16 per hr.) During June the company incurred the following actual costs to produce 8,300 units. Direct materials (135,700 lbs. @ $3.75 per lb.) Direct labor (28,100 hrs. @ $16.15 per hr.). $588,875 453,815 AH - Actual...
Most questions answered within 3 hours.
-
. For this set of questions, determine what
proportion of a normal distribution is located betweeneach...
asked 24 minutes ago -
A college student is employed as a door-to-door newspaper
salesman. Historical data suggests that the student...
asked 1 hour ago -
MATLAB HW 11 problem using Switch Case and Input commands
Write a script file that calculates...
asked 1 hour ago -
Considering gravitational time dilation, calculate the time that
passes in Earth’s surface while 1 hour passes...
asked 1 hour ago -
Minitab Problem: Take the Lake Hume June rainfall data and find
use the processes outlined in...
asked 2 hours ago -
X Company is trying to decide whether to continue using old
equipment to make Product A...
asked 2 hours ago -
IN PYTHON ONLY !! Program 2: Re-work
program #5 (WeeklyHours) from the previous assignment such that...
asked 3 hours ago -
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 4 hours ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 6 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 6 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 6 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 6 hours ago