Business, 09.12.2020 02:40, lhotsedog96
The standard cost of dired labour per hour 5 S1000 Two standard dired labour hours are allowed per finished good During the current period 512 finished goods were produced using 1,000 direct labour hours. The direct labour price vanance is $100,
unfavourable Calculate the actual cost of dired labour per hour
A $10.00
B. $20.00
C. $10 10
D. $2.40
Answers: 2
Business, 22.06.2019 23:40, bakerj8395
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u. s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
Business, 23.06.2019 02:40, rayzambr
Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.
Answers: 2
The standard cost of dired labour per hour 5 S1000 Two standard dired labour hours are allowed per f...
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