Frontera Company’s output for the current period results in a $20,000 unfavorable direct labor rate variance and a $10,000 unfavorable direct labor efficiency variance. Production for the current period was assigned a $400,000 standard direct labor cost. What is the actual total direct labor cost for the current period?

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A: Standard cost income statement is the income statement used by manufacturing firms for recording the…

Q: Primary Co. has a standard materials price of $4.00 per pound and a standard direct labor rate of…

A: When there is any change between the actual and Standard variance occurred it may be favorable or…

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A: Direct labor variance Total is the sum of direct labor rate variance and direct labor efficiency…

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A: Material cost variance: = (Standard quantity * standard price ) - ( actual quantity * actual price…

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A: The objective of the question is to calculate the direct labor time/efficiency variance. This…

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A: Variable Overhead spending variance is computed by subtracting the actual hours multiplied by…

Q: Records at the Farnsworth Corporation contained the following data for the most recent period of…

A: Direct costs are the expenses that are directly used for the production of goods and services for…

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A: Harsha Ltd. Corporation wants to know about the variance in production cost.it is noted that mostly…

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A: As per dual concept of accounting, every transaction has dual impact on the books of accounts.The…

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A: When actual hours/price is higher than standard then it is unfavorable and vice versa is favorable.

Q: The direct labor time variance is

A: Direct labour cost variance: direct labour variance is variance analysis done by the company to know…

Q: Total estimated overhead costs $650,000 Total estimated DL hours 130,000 Actual overhead costs…

A: Overhead variance is the difference between actual overhead and applied overhead.

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A: Variance is considered as the difference between budgeted value and actual results. The management…

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A: Labor efficiency variance = (Actual labor hours - Standard labor hours) x Standard labor rate per…

Q: Input Cost/Block Direct materials 0.5 Ib. @ $12/lb. $ 6.00 Direct manufacturing labour 1.4 hours @…

A: Fixed overhead spending variance The calculation of fixed overhead spending variance is the actual…

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A: Material quantity variance is that part of material cost variance which is due to the difference…

Q: Enter a favorable variance as a negative number. Round your answer to the nearest dollar. $…

A: Given information is: Titus Company produced 3,200 units of a product that required 3.243 standard…

Q: The standard number of hours that should have been worked for the output attained is 10,000 direct…

A: Variance analysis is defined as the procedure followed by the management to study the deviations…

Q: Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of…

A: Direct labor variance :— It is the difference between standard direct labor cost for actual…

Q: A company reports the following Information for its direct labor. Actual hours of direct labor used…

A: Actual cost = actual hours * actual rate  standard cost = standard rate * standard hours  Direct…

Q: A company reports the following information for its direct labor. Actual hours of direct labor used…

A: Lets understand the basics. Direct labor rate variance is a variance between the rate at which labor…

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A: a. Rate variance    (Standard Rate - Actual Rate)*Actual Hour  b. Time variance    (Standard Hour…

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A: The variance is calculated as difference between standard data and actual production data during the…

Q: Tucker Company produced 4,200 units of product that required 2.20 standard hours per unit. The…

A: Standard variable overhead cist = no. Of units x standard variable overhead per unit x hour per unit…

Q: Actual total direct labor cost Actual direct labor-hours worked i Standard direct labor-hours…

A: DIRECT LABOUR COST VARIANCEDirect Labour Cost Variance is the difference between the actual direct…

Q: solve this question please

A: Step 1: Calculation of direct labor rate variance.Direct labor rate variance = Actual hours *…

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A: Direct labor rate variance = (Actual rate - Standard rate) x Actual hours Direct labor time variance…

Q: Japan Company produces lamps that require 2 standard hours per unit at a standard hourly rate of…

A: Labor cost variance :It is the difference between standard cost of labor allowed for actual output…

Q: Franklin Manufacturing Company established the following standard price and cost data: Sales price…

A: Budget: A budget is an estimate to determine the income that will be earned and expenses that will…

Q: The following information related to direct labor variances are available for the last period:…

A: Direct labor variance is the difference between standard direct labor cost for actual production and…

Q: Direct Labor Variances The following data relate to labor cost for production of 33,000 cellular…

A: Labor cost variance is calculated as the excess of total standard cost over actual cost.

Q: Yohan Company has the following balances in its direct materials and direct labor variance accounts…

A: Adjusted cost of goods sold  = unadjusted cost of goods sold +/- Adjustment due to closing of…

Q: Sheridan Zone Corporation experienced the following variances: materials price $390 U, materials…

A: Unfavorable results arises when actual costs results are greater than budgeted costs. Favorable…

Q: The following information related to direct labor variances are available for PXQYPQ356 Corporation…

A: Variances are the differences between the estimated costs and the actual costs of direct material,…

Q: Use the information provided below to calculate the following manufacturing variances for March…

A: The actual hours worked is the actual time taken to produce the unit. The standard hours allowed is…

Q: The following data relate to direct labor costs for the current period: Standard costs 7,300 hours…

A: Labor rate variance = (Actual rate per hour - Standard rate per hour)*Actual hours worked

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A: The objective of this question is to calculate the fixed factory overhead volume variance for…

Q: AGL Inc. provided the following data related to the direct labor costs for the current period: Data…

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A: The standard cost variance is the difference between a standard cost and an actual cost.