Delano Company uses two types of direct labor for the manufacturing of its products: fabricating and assembly.
Question:
During the second week in April, Delano produced the following results:
Required:
1. Calculate the yield ratio.
2. Calculate the standard cost per unit of the yield.
3. Calculate the direct labor yield variance.
4. Calculate the direct labor mix variance.
Transcribed Image Text:
Direct Labor Type Mix 2 hrs 5 hrs. SP Standard Cost $40 36 $76 Fabricating Assembly $20 12 Total Yield 25 units Direct Labor Type Actual Mix Fabricating Assembly 20,000 hrs. 45,000 65,000 hrs Total Yield 320,000 units
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
1 Yield ratio 25 units5 hours 5 2 Standard cost 7625 304 per unit of yield 3 Direct labor yield v...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
Question Posted:
Students also viewed these Managerial Accounting questions
-
Refer to Cornerstone Exercise 9.1. Guillermos Oil and Lube Company provided the following information for the production of oil changes during the month of June: Actual number of oil changes...
-
A company uses a standard costing system. At the end of the current year, the company provides the following overhead information. Actual overhead incurred Variable..................... $86,000...
-
Petrillo Company produces engine parts for large motors. The company uses a standard cost system for production costing and control. The standard cost sheet for one of its higher volume products (a...
-
TRUE OR FALSE. 6 POINTS EACH. (Always assume "Other things equal.") 1. In economics in the short run, a firm will have both fixed and variable resources. 2. In economics, the short run is defined as...
-
How do local area networks (LANs) operate? Wide area networks (WANs)? Why do most companies usually require both?
-
The machine shown in the figure can be used for a tension test but not for a compression test. Why? Can both screws have the same hand?
-
A carbon/epoxy lamina having the properties listed in Problem 5.10 is clamped between two rigid plates as shown in Figure 5.17. If the lamina is heated from \(20^{\circ} \mathrm{C}\) to \(120^{\circ}...
-
The Vernom Corporation produces and sells to wholesalers a highly successful line of summer lotion and insect repellents. Vernom has decided to diversify to stabilize sales throughout the year. A...
-
1.How have we manipulated electricity to get us to this point of target interactions? 2.Describe a bremsstrahlung target interaction. 3.Describe a characteristic target interaction. 4.The majority of...
-
The 500-lb force is to be resolved into two components acting along the axis of the struts AB and AC. If the component of force along AC is required to be 300 lb, directed from A to C. determine the...
-
Refer to Exercise 9.17. Chypre, Inc., purchased the amount used of each direct material input on May 2 for the following actual prices: solvent mix for $5.20 per gallon, and aromatic compound for...
-
Jameson Company produces paper towels. The company has established the following direct materials and direct labor standards for one case of paper towels: Paper pulp (3 lbs. @ $0.40)......... $ 1.20...
-
Consider the flawed method printLetters that follows, which accepts a String as its parameter and attempts to print the letters of the String , separated by dashes. For example, the call of...
-
On December 31, 2019, McCullouch Enterprises recorded a deferred tax asset of $160,000 due to the potential tax benefits of an operating loss carry forward. McCullouch's enacted tax rates are as...
-
A taxpayer buys a tract of land with a small house on it. The house sits vacant for several months but finally, on December 1, Year One, they rent the property to Mr. Lance for one year. The rental...
-
Assume that Ripple Blockchain Company borrowed $5,000 on April 1, 2020 at 8% interest rate, the principle and interest are due in 12 months (on March 31, 2021). How much interest expense will Ripple...
-
What would the balances of Williams and marks capital accounts be? All profit and losses will be shared equally if based on these accounts Williams contributed 83,000 cash mark contributed land...
-
Roger Inc. owns 90% of the common shares of Soldier Inc. For the year ended December 31, 20X4, Solider earned $20,000 of net income and paid $5,000 in dividends. What is the journal entry made by...
-
Ligand substitution reactions on metal clusters are often found to occur by associative mechanisms, and it is postulated that these occur by initial breaking of an MM bond, thereby providing an open...
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
Lean manufacturing and lean accounting promise significant benefits to an organization. Yet, the initial effect of lean manufacturing is often an initial drop in profits reported on the financial...
-
Many companies are now preparing corporate sustainability reports. Many such reports are found at http://www.sustainability-reports.com. Other reports can be found at the websites of individual...
-
Search the Internet to find a complete description of a company that has implemented the Balanced Scorecard. Possible sources include the following: Palladium Executive Strategy...
-
Have a brief introduction, discussion of the topics/points, and a conclusion.what you have learned during the course( Organizational Dynamics and Effectiveness).Their relevance to your career....
-
Using the article provided below, you are required to analyse the company information to define the business goals and evaluate whether the supply chain is a strategic fit with the business and...
-
Create output that shows a scatterplot with a line of best fit for your data. Explain what a line of best fit is? Submit both the output file (SPSS) as well as your Word summary.
Study smarter with the SolutionInn App