Business
Business, 08.04.2020 01:03, gabbygunshows4530

SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's product is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 6,200 of these meals using 1,200 direct labor-hours. The company paid its direct labor workers a total of $10,800 for this work or $9.00 per hour.

According to the standard cost card for this meal. it should require 0.20 direct labor-hours at a cost of $8.50 per hour.

Required:

1. What is the standard labor-hours allowed (SH) to prepare 6,200 meals?

2. What is the standard labor cost allowed (SH x SR) to prepare 6,200 meals?

3. What is the labor spending variance?

4. What is the labor rate variance and the labor efficiency variance?

1. Standard labor-hours allowed
2. Standard labor cost allowed
3. Labor spending variance
4. Labor rate variance
Labor efficiency variance

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 06:10, brooke0713
Amanda works as an industrial designer
Answers: 1
image
Business, 22.06.2019 08:00, browneyedbaby20
Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.
Answers: 3
image
Business, 22.06.2019 14:30, lilquanreem8051
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
image
Business, 22.06.2019 18:00, kekoanabor19
Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.
Answers: 2
Do you know the correct answer?
SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's produc...

Questions in other subjects:

Konu
History, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
Mathematics, 13.09.2020 15:01
Konu
History, 13.09.2020 15:01