. Choco Sweet Inc. gives you the following information: The standard labor time of 0.75 labor hour...
Fantastic news! We've Found the answer you've been seeking!
Question:
.
Transcribed Image Text:
Choco Sweet Inc. gives you the following information: The standard labor time of 0.75 labor hour is required to produce one unit. The standard labor cost for a 10 pound bag of chocolate is $8 per labor hour. The following is data relating to the actual cost and usage data. Direct labor hours used Total cost of direct labor Number of good units produced 5,000 hours $42,500 8,500 units Using the above information provided for Choco Sweet compute the direct labor rate variance for Choco Sweet Inc. Choco Sweet Inc. gives you the following information: The standard labor time of 0.75 labor hour is required to produce one unit. The standard labor cost for a 10 pound bag of chocolate is $8 per labor hour. The following is data relating to the actual cost and usage data. Direct labor hours used Total cost of direct labor Number of good units produced 5,000 hours $42,500 8,500 units Using the above information provided for Choco Sweet compute the direct labor rate variance for Choco Sweet Inc.
Expert Answer:
Related Book For
Thermodynamics for Engineers
ISBN: ?978-1133112860
1st edition
Authors: Kenneth A. Kroos, Merle C. Potter
Posted Date:
Students also viewed these economics questions
-
A heat engine is required to produce a) 120 hp, b) 70,000 ft-lbf/s, c) 100 Btu/s by accepting 500 000 Btu/hr from a heat source. How much heat is dumped to the low-temperature reservoir, and what is...
-
When uploading your written homework with the content sheet of the week, make sure to submit to Gradescope and assign all content sheet pages to "content sheet", and assign all written homework pages...
-
About 35eV is required to produce one ion pair in air. Show that this is consistent with the two definitions of the roentgen given in the text.
-
A pack of iron bolts is such that the difference in masses or weights of successive sizes is the same bolt being of mass 13.5 grams and the largest is 94.5 grams. If the total mass of the complete...
-
1. As noted, the Constitution does not expressly authorize judicial review. Should we, therefore, assume that the framers of the Constitution did not intend to afford that power to the courts? 2. In...
-
When auditing a computer information system, the independent auditor should have a general familiarity with the effects of using a computer on the various characteristics of control and on the...
-
The accounts and June 30, 2007, balances of Cromwell Company are arranged in no particular order: Requirements 1. Prepare the company's classified balance sheet in account format at June 30, 2007. 2....
-
In the Chapter 3 Data Analytics Case, you applied Tableau to examine a data set and create calculations to compare two companies profitability. For the case in this chapter, you continue in your role...
-
Steven and Carol, who file a joint tax return, have taxable income of $135,000 before the following sales of stock: Purchase Date Sale Date Cost Sales Proceeds 02/14/Year 10 07/14/Year 10 $2,120...
-
Identify the issue in the following two fact situations. Part A Beth loaned Allen $5,000. The agreement was oral. Allen commutes to a nearby city to work. Beth needs to go to the city three times in...
-
Evaluation formats can be divided into two categories: a. Subjective and Objective b. Straight and Alternation c. Ranking and Rating d. Weighted and Unweighted When adjectives are used as anchors,...
-
Below are two of Comfy Home's T-accounts reflecting recent journal entries. CASH ACCOUNT Debit Credit Beginning $29,000 Balance 1/15/2020 $25,000 Ending $4,000 Balance ACCOUNTS PAYABLE Debit Credit...
-
Marginal Revenue for an Apartment Complex Lynbrook West, an apartment complex, has 100 two-bedroom units. The monthly profit (in dollars) realized from renting x apartments is represented by the...
-
7. The following information is from the noncurrent liabilities and owners' equity portions of Colony LLC's balance sheet: December 31 2020 2019 Bonds payable $ 410,000 $330,000 Common stock 800,000...
-
In its first year of operations, Melissa Corp, earned $ 5 8 0 0 0 in service revenue. Of that amount, $ 9 5 0 0 was on account and the remainder, $ 4 8 5 0 0 , was collected in cash from customers....
-
Spring Appliances received an invoice dated August 1 8 with terms 2 / 1 0 E . O . M . for the items listed below. 6 refrigerators at $ 1 0 3 0 each less 3 0 % and 5 % 3 dishwashers at $ 7 8 4 each...
-
a . What percentage of Target's total assets did inventory represent at the end of FY 2 0 2 2 and 2 0 2 1 ( Hint: use the Statement of Financial Position ) ? b . Comment on the change in the $ amount...
-
Show that if A is any m n matrix, then Im A = A and AIn = A.
-
Carbon dioxide undergoes a process from state 1 at 640R and 900 psia to state 2 at 900 R and 3000 psia. Estimate the change in enthalpy, internal energy, and entropy: i) Assuming the carbon dioxide...
-
A container holds 1 ft3 of liquid water and 5 ft3 of water vapor at 200 F. Calculate the quality of this saturated mixture.
-
Steam enters an adiabatic turbine at 10 MPa, 500C, and a flow velocity of 100 m/s through four 2-cm-diameter jets. It leaves the turbine at 30 kPa with a velocity of 20 m/s and a quality of 0.94....
-
Discuss some of the special considerations involved in the audit of investments in group entities.
-
Joplin Ltds financial year ends on 30 June 20X1 and the companys auditor, Hagan and Partners, conducts the annual audit during July and August. Hagan and Partners has prepared auditing procedures for...
-
What is a solicitors representation letter? What effect might the failure of a solicitor to respond to a request for representation have on the auditors report?
Study smarter with the SolutionInn App