Sheffield Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 760 more direct labor hours than the flexible budget amount of 25,190 hours to complete 106,500 cases for the Christmas season. All workers were paid $9.10 per hour, which was $0.40 less than the standard wage rate. Calculate Sheffield's direct labor efficiency variance. Direct labor efficiency variance enter the direct labor efficiency variance in dollars select an option Neither Favorable nor Un Unfavorable Favorable

Sheffield Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 760 more direct labor hours than the flexible budget amount of 25,190 hours to complete 106,500 cases for the Christmas season. All workers were paid $9.10 per hour, which was $0.40 less than the standard wage rate. Calculate Sheffield's direct labor efficiency variance. Direct labor efficiency variance enter the direct labor efficiency variance in dollars select an option Neither Favorable nor Un Unfavorable Favorable

Name: Sheffield Incasements manufactures protective cases for MP3 players.
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Sheffield Incasements manufactures protective cases for MP3 players. During November, the company's workers clocked 760 more direct labor hours thanthe flexible budget amount of 25,190 hours to complete 106,500 cases for the Christmas season. All wo

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Williams Corporation reports the following direct labor information for November: Standard rate $4 Actual rate paid Standard hours allowed for actual production Labor efficiency variance 33.00 per hour 33.80 per hour 44, 600 hours $201, 300 F Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked Labor price variance hours
Please do not give solution in image format thanku
What is tha manufacturing overhead rate variance in march...??
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output Standard variable overhead rate 3.60 DLHS $10.95 per DLH The following data pertain to operations for the last month: Actual direct labor-hours Actual total variable manufacturing overhead cost Actual output What is the variable overhead efficiency variance for the month? Multiple Choice $6,789 U $7,213 F $3,592 U $7,213 U 8,900 DLHS $ 95,820 2,300 units
You Did It! (YDI) has the following standards for direct labor: o Estimated quantity 8,900 direct labor hours o Estimated unit variable $48 per hour o Estimated fixed costs $18,000 YDI actually used 8,300 direct labor hours during production at an average hourly wage rate of $49.20, and actually incurred total fixed costs of $17,600. Using this information, answer the following questions. Please circle to identify the variance as favorable or unfavorable. What is the direct labor volume variance? Favorable or unfavorable?
ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual total overhead $69,270 Actual fixed overhead $33,000 Actual machine hours 9,000 Standard hours for the units produced 8,300 Standard variable overhead rate $4.40 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variance $fill in the blank 1
Compute Direct manufacturing labor efficiency variance for 2017
Please help me with show all calculation and explanation thanku
What is the idle hours at the standard rate for fixed factory overhead and the total factory overhead cost variance?
Please solve this
(Algo) Calculating Direct Labor Cost Variances Paradise Corp. has determined a standard labor cost per unit of $14 (0.50 hour $28 per hour). Last month, Paradise incurred 954 direct labor hours for which it paid $22,896. The company produced and sold 2,050 units during the month. Calculate the direct labor rate, efficiency, and spending variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places.) Direct Labor Rate Variance Direct Labor Efficiency Variance Total Direct Labor Spending Variance F None
Please help me with show all calculation thanku