Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the standard cost of product 5252 includes 1.90 ho

the standard cost of product 5252 includes 1.90 hours of direct labor at $16.50 per...

60.1K

Verified Solution

Question

Accounting

the standard cost of product 5252 includes 1.90 hours of direct labor at $16.50 per hour. the predetermined overhead rate is $22 per direct labor hour. during july the company incurred 4000 hours of direct labor at an average rate of $16.90 per hour and $81800 of manufacturing overhead costs . it produced 2000 units.

a) compute the total, price, and quantity variances for labor

total labor variance

labor price variance

labor quantity variance

b) compute the total overhead variance

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

Other questions asked by students

Q

Drug discovery and development involves a number of distinct stages each having a defined aim and...

Biology
Q

Name and explain two sleep disorders. List the five major categories of psychoactive drugs and give...

Psychology
Q

Which technique would you use to separate proteins by charge?a) Size exclusion chromatographyb) PCRc) Sonicationd)...

Biology
Q

Can you please make a question about DNA repair in your own words

Biology
Q

Engineers earns between 85 000 and 92 000 per year If the income tax is...

Basic Math
Q

Find an eigenvector of the matrix 92 44 24 5 48 corresponding to the eigenvalue...

Algebra
Q

Express sin(2-x) in terms of sinx and cosx.

Algebra
Q

Question 4 O 2 5 m The area of a rectangular room is 20 sq...

Algebra
Q

Steve Jackson (birthdate December 13,1968 ) is a single taxpayer living...

Accounting
Q

Edom Company, the lessor, enters into a lease with Davis Company to lease equipment to...

Accounting
Q

If $30,000 direct materials are requisitioned for a job and $7,000 of indirect materials are...

Accounting
Q

What is your assessment of Dominos financial performance over the 2017 2019 period? (Use...

Finance