Question: Total direct Labor variance is a. Labor efficiency variance + rate variance with respect to direct labor b. Efficiency variance + rate variance with respect

Total direct Labor variance is

a.

Labor efficiency variance + rate variance with respect to direct labor
b.

Efficiency variance + rate variance with respect to all labor (direct and indirect)
c.

Efficiency variance - rate variance with respect to direct labor
d.

Efficiency variance - rate variance with respect to all labor (direct and indirect)

Value added activities are

a.

Direct material (only)
b.

Direct labor (only)
c.

Overhead (only)
d.

required contribution margin decreases

If a company raises its required operating profit

a.

break even point is negative
b.

break even point is zero
c.

required contribution margin increases
d.

required contribution margin decreases

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Completion Status: Moving to another question will save this response. Question 5 Total direct Labor variance is O a. Efficiency variance rate variance with respect to direct labor Ob. Efficiency...

Q:

Cassidy Music manufactures harmonicas. Cassidy uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for April exist. Cassidy...

Q:

Table Manufacturing Company produces one style of tables. the following data pertain to producing one table Planned production/month ? units (one table) 50 Piece of woods (M) 20 Estimated M price $20...

Q:

this isnt excel!! please solve it on here thank you unt Mustang Music manufactures harmonicas. Mustang uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the...

Q:

Smith Music manufacturen harmonicas. Smith une standard conts to judge performance. Recently, a clerk mistakenly throw away some of the records, and only partial data for June exist. Smith known that...

Q:

Kranny uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for February exist. Kranny knows that the total direct labor...

Q:

Rundell Music manufactures harmonicas. Rundell uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for February exist. Rundell...

Q:

Austin Music manufactures harmonicas. Austin uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and only partial data for November exist. Austin...

Q:

Classic Music manufactures harmonicas Classic uses standard costs to judge performance Recently, a clerk mistakenly threw away some of the records, and only partial data for February exist Classic...

Q:

of 2 Lemke Music manufactures harmonica Lome uses standard costs to judge performance Recently, a clerk mistakenly threw away some of the records and only partial data for July exist Lemke knows that...

Q:

Match the following to the three business transactions (more than one number can be used). 1. Recorded to the accounts payable subsidiary ledger. 2. Recorded to the general journal. 3. Posted to the...

Q:

Describe the types of customer service that come before, during and after the sale. Why are they important to CRM?

Q:

2 - 2 . What potential caveats in the bidding process may Nick Fraudus have overlooked in his accusation of Vinand Petroleum s fraudulent practices?

Q:

Unavoidably unsafe products is a category of extremely hazardous products which a ) are defective if they are more dangerous than the ordinary customer would expect b ) are free from liability since...

Q:

The purpose of the exercise, and what skills would be needed by the managers

Q:

An appropriate approach to performance management in this organization

Q:

Understand the use of different performance-rating techniques