Hii expert please given correct answer general Accounting question Krizum Industries makes heavy constructionequipment. The standard for a particular cranecalls for 21 direct labor-hours at $15 per directlabor-hour. During a recent period 1,350 craneswere made. The labor rate variance was zero andthe labor efficiency variance was $5,100unfavorable. How many actual direct labor-hourswere worked?a. 27,000b. 33,450c. 28,350d. 28,690

Step 1: Analysis of the information given in the questionStandard direct labor rate = $15Standard…

Answered: Krizum Industries makes heavy…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 11EB: Fitzgerald Company manufactures sewing machines, and they produced 2,500 this past month. The...

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Crish Industries makes heavy construction equipment. The standard for a particular crane calls for 24 direct labor-hours at $17 per direct labor-hour. During a recent period 2,250 cranes were made. The labor rate variance was zero and the labor efficiency variance was $7,300 unfavorable. How many actual direct labor-hours were worked?
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For a simple regression analysis model that is used to allocate factory overhead, an internal auditor finds that the intersection of the line of best fit for the overhead allocation with the y-axis is $14,000. The slope of the line is 0.2. The independent variable, factory wages, amounts to $810,000 for the month. What is the estimated amount of factory overhead to be allocated for the month? Multiple Choice $289,400. $162.000. $68,000. $88,000.
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Assume the following: • The standard labor rate per hour is $17.00. • The standard labor-hours allowed per unit of finished goods is 3 hours. • The actual quantity of labor hours worked during the period was 44,000 hours. • The total actual direct labor cost for the period was $726,000. • The company produced 15,000 units of finished goods during the period. What is the labor efficiency variance? Multiple Choice $17,000 U $17,000 F $22,000 U $22,000 F

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