Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. talladega industries, inc., (tii) developed the fo

Talladega Industries, Inc., (TII) developed the following standard costs for direct material and direct labor...

70.2K

Verified Solution

Question

Accounting

Talladega Industries, Inc., (TII) developed the following standard costs for direct material and direct labor for one of their major products, the 10-gallon plastic container.

Standard quantity

Standard price

Direct materials

0.10 pounds

$30 per pound

Direct labor

0.05 hours

$15 per hour

During August, TII produced and sold 10,000 containers using 980 pounds of direct materials at an average cost per pound of $32 and 500 direct labor hours at an average wage of $15.25 per hour. August's direct labor efficiency variance was:

Select one:

a. $125 unfavorable.

b. $125 favorable.

c. $142,375 favorable.

d. None of the above is correct.

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 Find the distance between the two points Show all work C 6 5 and...

Geometry
Q

Hi, I'm having trouble with answering these organic chemistry lab questions. Please give full answers in...

Chemistry
Q

Design a concentric tube heat exchanger (in co-current configuration) to heat 1000 cm3/ min of water...

Mechanical Engineering
Q

1) Total marks: 10 marks Mr Howe a junior partner of CPA fir, Dewey, CHeatem and...

Accounting
Q

Answer the following a Find an angle between 0 and 360 that is coterminal with...

Basic Math
Q

y = 3f (-1-x)3Stretch the graph horizontally by a factor of 3. Stretch the graph...

Basic Math
Q

MW & Co., CPAs, is planning its audit procedures for its tests of the valuation...

Accounting
Q

COMP26-1 (similar to Question F - X Dennis Dawson, majo accountant, you've bee Requirements mpany's...

Accounting
Q

On January 2, 2019, Twilight Hospital purchased a $ 104,800 special radiology scanner from Bella...

Accounting
Q

Help Save & E Required information The following information applies to the questions displayed below)...

Accounting
Q

End of Chapter: Merchandise Inventory E-E:6-15 Comparing inventory methods (Learning Objective 2) Super Mart, a...

Accounting
Q

NBCC Ltd. directors are contemplating to choose the best modern asset from the following two....

Finance