The per-unit standards for direct labor are 1.8 direct labor hours at $16 per hour. If, in producing 1,500 units, the actual direct labor cost was $42,500 for 2,600 direct labor hours worked, what is the total direct labor variance?
Q: accounting
A: Step 1: Definition of Direct Materials CostDirect materials cost refers to the cost of raw materials…
Q: provide best answer
A: Step 1: Definition of Receivables TurnoverReceivables turnover measures how many times a business…
Q: can you explain the steps for solving this General accounting question accurately?
A: Step 1: Definition of Accrued InterestAccrued interest is the interest that has accumulated on a…
Q: Please provide problem with accounting question
A: Step 1: Definition of Accounting EquationAccounting Equation is the foundation of double-entry…
Q: calculate the cash from operations
A: Step 1: Definition of Cash from Operations (CFO)Cash from operations (CFO) refers to the cash…
Q: Please provide the accurate answer to this general accounting problem using appropriate methods.
A: Step 1: Define Weighted-Average Method in Process CostingThe weighted-average method calculates the…
Q: What is its ROE?
A: As per DuPont Analysis, Return on Equity = Net Profit Margin * Total Asset Turnover * Equity…
Q: I don't need ai answer general accounting question
A: To calculate the Quick Ratio, use the formula:Quick Ratio = (Current Assets - Inventory) / Current…
Q: How much inventory (in cost, not units) should Z Mart purchase in January?
A: Concept of Sales Forecast:A sales forecast is an estimate of expected sales revenue for a future…
Q: I need help with this General accounting question using the proper accounting approach.
A: Step 1: Definition of Residual Dividend ModelThe Residual Dividend Model is a dividend policy…
Q: On January 1, 2025, Wages Payable was $51,000. Wages Expenses for 2025 totaled $463,000. The ending…
A: Explanation of Wages Payable: Wages payable represents the amount of compensation owed by a company…
Q: I am searching for the correct answer to this general accounting problem with proper accounting…
A: Step 1: Definition Concept of High-Low Method:The high-low method is a cost estimation technique…
Q: check the question! If image is blurr comment please i will write values . dont give answer with…
A:
Q: SSS Enterprises has total debt of $8,450 and a debt-equity ratio of 0.72. What is the value of the…
A: To find the total assets of SSS Enterprises, we need to use the information provided:Total debt =…
Q: calculate the invesment turnover ratio Accounting question
A: To calculate the Investment Turnover Ratio, use this formula: Investment Turnover Ratio = Revenues ÷…
Q: I won't to correct answer
A: Given Information:Cash flow from operations (CFO) = $5,400 millionAccruals added to earnings =…
Q: Please provide the accurate answer to this general accounting problem using valid techniques.
A: Step 1: Define Break-Even AnalysisBreak-even analysis is a managerial accounting technique used to…
Q: Question: STL Corporation makes a product whose direct labor standard is 1.5 hours per unit and $12…
A: To determine the labor rate variance for May Labor rate variance for May = $0 Working…
Q: Solve this
A: Explanation of Cash Receipts: Cash receipts represent the actual inflow of cash that a business…
Q: What is the budgeted manufacturing cost per unit?
A: Explanation of Budgeted Manufacturing Cost: The budgeted manufacturing cost represents the total…
Q: Summit Corp. produces 145 snowmobiles per month. Direct costs are $2,720 per snowmobile. The monthly…
A: Step 1: DefinitionsConcept of Direct Costs:Direct costs are expenses that can be directly traced to…
Q: Calculate the price- earnings ratio accounting question
A: Step 1: Definition of Price-Earnings (P/E) RatioThe Price-Earnings (P/E) Ratio is a financial metric…
Q: What is the balance in accounts receivable at year-end?
A: Step 1: Definition of Accounts Receivable BalanceAccounts receivable balance represents the amount…
Q: I need assistance with this general accounting question using appropriate principles.
A: Step 1: Definition of Overhead Applied Based on Machine HoursWhen overhead is applied based on…
Q: Please provide the answer to this financial accounting question using the right approach.
A: Step 1: Define Return on Common Stockholders' EquityReturn on common stockholders' equity (ROE)…
Q: Currect answer
A: Concept of Absorption Costing:Absorption costing is a costing method that includes all manufacturing…
Q: please give me answer
A: Step 1: Definition of the High-Low MethodThe high-low method is a cost estimation technique used to…
Q: Kindly help me with this General accounting questions not use chart gpt please fast given solution
A: Step 1: Define Accrued InterestAccrued interest refers to interest that has been earned on a…
Q: Accounts receivable:3650, Accounts payable:6100
A: To calculate Dual Company's total equity, we use the basic accounting equation: Assets = Liabilities…
Q: Need Accurate Answer
A: Explanation of Assets: Assets are economic resources owned or controlled by a company that have…
Q: Need help this question
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is calculated…
Q: What was the company's accural basis net income for the month?
A: Explanation of Accrual Basis Accounting:Accrual basis accounting is a method that records revenues…
Q: hello teacher please solve question
A: Step 1: Definition of Units-of-Production DepreciationUnits-of-Production Depreciation is a method…
Q: I am searching for the correct answer to this general accounting problem with proper accounting…
A: Step 1: Define Unit Contribution MarginThe unit contribution margin represents how much each unit…
Q: what is the company debt to equity ratio at the end of year 2 ?
A: One of the important financial ratios measuring a company's total liabilities versus the equity of…
Q: Answer this
A: Explanation of Net Income: Net income represents the financial result of a company's operations over…
Q: General accounting question
A: Step 1: Definition of Contribution MarginContribution margin is the difference between the selling…
Q: HELP
A: Explanation of Assets:Assets are resources owned or controlled by a company that are expected to…
Q: Can you help me solve this general accounting problem with the correct methodology?
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) measures the profitability of a…
Q: What is the labour price variance? Accounting
A: Step 1: Definition of Labour Price VarianceLabour Price Variance (also known as Labour Rate…
Q: Compute the materials price variance and materials usage variance.
A: Concept of Direct Materials Price Variance:Direct materials price variance measures the difference…
Q: Provide correct option with accounting question
A: Step 1: Definition of Average Collection PeriodAverage Collection Period measures the average number…
Q: I am searching for the correct answer to this general accounting problem with proper accounting…
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) is a financial metric used to evaluate…
Q: I am trying to find the accurate solution to this financial accounting problem with the correct…
A: Step 1: Definition of ROE and ROCEReturn on Stockholders' Equity (ROE) measures the overall…
Q: What is this company's magnitude of operating leverage?
A: Concept of Sales Revenue:Sales revenue is the total income generated from selling goods or services…
Q: Please show me the correct approach to solving this financial accounting question with proper…
A: Concept of Contributed Capital:Contributed capital refers to the total amount of money or assets…
Q: Financial accounting
A: Step 1: Define Variable CostingVariable costing is a managerial accounting method where only…
Q: Accurate answer
A: Explanation of Land (as an asset):Land is considered a long-term, non-depreciable asset in…
Q: Job 204 ?
A: Provided Data:Direct materials cost = $18,400Direct labor cost = $15,000Overhead rate = 120% of…
Q: Can you explain the steps for solving this financial accounting question accurately?
A: Step 1: Definition of Factory Overhead CostsFactory overhead costs (also known as manufacturing…
The per-unit standards for direct labor are 1.8 direct labor hours at $16 per hour. If, in producing 1,500 units, the actual direct labor cost was $42,500 for 2,600 direct labor hours worked, what is the total direct labor variance?
Step by step
Solved in 2 steps
- Breakaway Companys labor information for May is as follows: A. What is the actual direct labor rate per hour? B. What is the standard direct labor rate per hour? C. What was the total standard direct labor cost for May? D. What was the direct labor rate variance for May?The per-unit standards for direct labor are 1.8 direct labor hours at $16 per hour. If, in producing 1,500 units, the actual direct labor cost was $42,500 for 2,600 direct labor hours worked, what is the total direct labor variance?Total direct Labor?
- need help with this General accounting questionGet Answer Of this One with Method of AccountingThe per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2,300 units, the actual direct labor cost was $68,800 for 4,300 direct labor hours worked, the total direct labor variance is____? I want Solution
- Please provide the solution to this general accounting question using proper accounting principles.The standard number of hours that should have been worked for the output attained is 6,000 direct labor hours and the actual number of direct labor hours worked was 6,300. If the direct labor price variance was $3,150 unfavorable, and the standard rate of pay was $9 per direct labor hour, what was the actual rate of pay for direct labor? Select one: a. $7.50 per direct labor hour b. $8.50 per direct labor hour c. $9.50 per direct labor hour d. $9.00 per direct labor hour e. $9.80 per direct labor hourGive me Answer