List the direct labor variances and briefly describe each.
Answer to relevant QuestionsList the variable overhead variances and briefly describe each. What is a standard cost income statement?Johnson, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.3 hours per glass, at a cost of $ 13 per hour. The actual results for one month’s production of 6,900 glasses were 0.2 hours per glass, ...Office Plus sells its main product, ergonomic mouse pads, for $ 12 each. Its variable cost is $ 5.20 per pad. Fixed costs are $ 205,000 per month for volumes up to 65,000 pads. Above 65,000 pads, monthly fixed costs are $ ...Review the results from Exercises E23- 19 and E23- 20. Record the journal entries to record direct materials, direct labor, variable overhead, and fixed overhead, assuming all expenditures were on account and there were no ...
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