Q37   Board Company's direct labor information for February is as follows:   Direct labor hours worked (AQ) 34,500 Standard direct labor hours allowed for units manufactured (SQ) 36,500 Unfavorable direct labor rate variance $ 13,800 Total payroll for direct labor $ 469,200   The total standard direct labor cost for the units manufactured in February was:   Multiple Choice   $455,400.   $481,800.   $496,400.   $469,200.   $482,600.

Q: Feemster Corporation manufactures and sells a single product. The company uses units as the measure…

A: Variance arises when the actual costs is different from the standard costs.  The results are…

Q: Power Co.'s labor information for June is as follows: Direct labor hours worked 69,300   Standard…

A: Direct labor rate variance = (Actual labor rate - Standard labor rate)*Actual hours worked Direct…

Q: In October, Pine Company reports 21,200 actual direct labor hours, and it incurs $118,830 of…

A: Variances is the amount of difference between the actual values and the values estimated by the…

Q: The following information is available from the Terry Company: Actual total factory overhead cost…

A: The variance is the difference between the standard and actual cost data. The variance can be…

Q: Mandy Company has the following information from last month:   Standard direct labor hours for…

A: Actual working hours and standard working hours may not be same and there exist many differences due…

Q: During the last 6 weeks, the actual costs of labor for Solsana Company were as follows: Week 1 Week…

A: The given information pertains to the actual costs of labor for Solsana Company over a span of 6…

Q: TB MC Qu. 9-91 (Algo) The following standards for variable... The following standards for variable…

A: Variable overhead efficiency variance is the difference between the time it takes to manufacture a…

Q: Europa Company manufactures only one product. Presented below is direct labor information for…

A: Hence, the actual direct labor hours worked (AQ) during November is 23,000 hours. Hence, the final…

Q: 18. On December 1, the Amor Company had the following inventories; materi- ais, P24,000; work in…

A: Prime cost are the expenditures directly related to creating finished products, while conversion…

Q: 34. Total period cost for April under variable costing. A. P 55,200 C. P 123,900 B. P 82,500 D. P…

A: In manufacturing there are two types of cost one are variable cost that change with volume and other…

Q: Below is the selected information for a company for last year. Budgeted fixed manufacturing overhead…

A: Solution: Fixed overhead allocation rate = Budgeted fixed overhead / budgeted machine hours = 270000…

Q: Blossom Construction's manufacturing costs for August when production was 1,120 units are as…

A: Variable cost will change per unit where's fixed cost will remain constant in total.

Q: During January 200A, Liquigan, Inc. produced 1,000 units of Product A with costs as follows:…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Lucky Company's direct labor information for the month of February is as follows:   Actual direct…

A: Formula used: Direct labor efficiency variance = ( Standard hours - Actual Hours ) x Standard rate

Q: QUESTION 3 The Royale Company has a standard cost system in which manufacturing overhead is applied…

A: Fixed overhead costs seem to be expenditures that do not fluctuate even though the level of…

Q: Assume the following information appears in the standard cost card for a company that makes only one…

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

Q: Required information Skip to question   [The following information applies to the questions…

A: Given that, units of output manufactured = 85 units Standard hours allowed = 2 Hours per unit of…

Q: 20 Pope Company makes a single product that is subject to wide seasonal variations in demand. The…

A: Using high low method, the fixed cost and variable costs are separated from the mixed cost.

Q: Following data relate to the fixed factory overhead of Cendant Corporation: Actual fixed factory…

A: Lets understand the basics.Fixed favtory overhead volume variance is a variance between the budgeted…

Q: The per-unit standards for direct labor are 1.5 direct labor hours at $15 per hour. If in producing…

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

Q: Triton Mfg. uses standard costing for its product costing. Manufacturing overhead is applied based…

A: Answer  Variable overhead efficiency variance    =  Standard rate ( Standard hrs - Actual hrs )

Q: Net operating income for April under variable costing: A. 4,900 C. (11,100) B. 6,600 D. 11,500

A: Under variable costing, net operating income is calculated by first calculating contribution margin…

Q: Board Company's direct labor information for February is as follows:   Direct labor hours worked…

A: To calculate the standard direct labor rate per hour (SP), we can use the following formula: SP =…

Q: Ch. 10-Dell, Inc. makes a product with the following standard costs: Direct materials Direct labor…

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

Q: A manufacturing company that has only one product has established the following standards for its…

A: Variable overheads means indirect costs related to production of goods and this costs changes with…

Q: Direct labor cost Factory overhead Direct labor hours Machine hours Dept. A $ 69,000 $115,920 Dept.…

A: Pre-determined overhead rateThe rate of allocation used for the determination of overheads based on…

Q: A company uses a standard costing system and applies overhead to production based on direct…

A: FIXED OVERHEAD VOLUME VARIANCE Fixed Overhead Volume Variance is the difference between standard…

Q: What was L standard direct labor rate?

A: Actual direct labour rate = Total Payroll cost / actual direct labour hours = 152 / 16 = $ 9.5

Q: COTB MC Qu. 10-73 (Algo) Assume the following information appears in... Assume the following…

A: The Variance is the difference between the actual and standard cost of production. Direct labor…

Q: A company recorded the following production costs during the previous two-week period: Direct labor…

A: Lets understand the basics. When semi variable cost is available then it is required to separate…