Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. affordable electronics inc. manufactures medium-qu

Affordable Electronics Inc. manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses...

60.1K

Verified Solution

Question

Accounting

image

imageimage Affordable Electronics Inc. manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs. The labour standards that have been set for one speaker are as follows: During July, 8,280 hours of direct labour time were recorded to make 27,000 units. The direct labour cost totalled $144,900 for the month. Required: 2. Break down the difference in cost from requirement 1-b above into a labour rate variance and a labour efficiency variance. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) 3. The budgeted variable manufacturing overhead rate is $2.00 per direct labour-hour. During July, the company incurred $19,872 in variable manufacturing overhead cost. Compute the variable overhead spending and efficiency variances for the month. (Inclicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A new thermostat has been engineered for the frozen food cases in large supermarkets. Both the...

Basic Math
Q

A 230 V, 250 rpm, 100 A separately excited dc motor has an armature resistance of 0.5...

Electrical Engineering
Q

Explain any two measures the government can use to control inflation.

Economics
Q

Business Analysis and Human resources planning examples and references not less than five fage

General Management
Q

Choose the correct answer Countries which provide extensive social services at little or no cost...

Biology
Q

The radius of a soap bubble is r. The surface tension solution T. Keeping soap...

Physics
Q

K In the universal set U a b c h define subsets of cars with...

Basic Math
Q

Determine f^-1(x) of f (x) = 5^(x+3) - 2.f^-1(x)= log3 (x + 2) + 5f^-1(x)=...

Basic Math
Q

In a large population 55 of the people have been vaccinated If 4 people are...

Statistics
Q

ProLock acquired all of the stock of Senyo for $10,000,000. At the date of acquisition,...

Accounting
Q

Current Attempt in Progress On April 22,2023, Wildhorse Enterprises purchased equipment for $139,600....

Accounting
Q

B. (S55,400) C. ($21,300) D.($26,600) Elgot Company produces a single product. The cost of producing...

Accounting