Williams Corporation reports the following direct labor information for November: Standard rate Actual rate paid Standard...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Williams Corporation reports the following direct labor information for November: Standard rate Actual rate paid Standard hours allowed for actual production Labor efficiency variance Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked Labor price variance $ $ 33.00 per hour 33.80 per hour 44,700 hours $227,700 F hours Williams Corporation reports the following direct labor information for November: Standard rate Actual rate paid Standard hours allowed for actual production Labor efficiency variance Required: Based on these data, what was the number of actual hours worked and what was the labor price variance? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Actual hours worked Labor price variance $ $ 33.00 per hour 33.80 per hour 44,700 hours $227,700 F hours
Expert Answer:
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
Posted Date:
Students also viewed these accounting questions
-
Williams Corporation reports the following direct labor information for November: Standard rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $31.50 per hour Actual rate paid . . . . . ....
-
A steel bar of rectangular section 50 mm x 30 mm and length 1.5 m is subjected to a gradually applied load of 150 kN. Find the strain energy stored in the bar. If the elastic limit of the material of...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
When Ralph Lauren makes shirts to a customers exact preferences, what utility is provided?
-
A stack of N + 1 ideal polarizing sheets is arranged with each sheet rotated by an angle of /2N rad with respect to the preceding sheet. A plane linearly polarized light wave of intensity I0 is...
-
Go to the St. Louis Federal Reserve FRED database, and find data on recession dating (USREC), the unemployment rate (UNRATE), nonfarm payroll employment (PAYEMS), and the mean duration of...
-
Daphne Brown-Wright worked as a teacher for East St. Louis School District 189 from 1975 until 1998 and then returned as an administrator from 2002 until 2012, thus serving the District for 33...
-
A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2013. The last two columns contain the adjusted trial balance as...
-
what are the benefits of the relational model relationships and ERD ( entity-relationship model)?
-
The following trial balance was extracted from the books of Alice Ltd, a wine merchant, at the close of business on 31 December 2020 Trial Balance Capital Purchases Sales Revenue Trade payable Trade...
-
Use the following information Kelly's Salary $47,000 Nicks Salary $38,000 Interest on: Savings account 110 Bonds of Beta Corporation 70 Food 10,804 Personal care 1,256 Primary residence mortgage...
-
Congratulations, you were hired for the Communications Specialist role! Your first task in your new position is to create a 15-question survey to evaluate the effectiveness of the organization's...
-
Many conservatives argue that the U.S. economy can flourish only when the federal government gets out of the private sector's way. Many progressives counter that in our free market system, there are...
-
Provide a view point on Administration of Justice Organizations Worldview and Administration of Justice: Leadership, Organizational Models, and Theory followed by Personal Worldview in the Context of...
-
want a detailed draft topic of immigration law of 10,000 to 12,00 words for admission to Ph.D. in george washington university.?
-
Share the link to an organization that promotes social justice through group work. Detail the organization's social justice efforts and the population that it serves.
-
1 Points] DETAILS A tank is full of water. Find the work (in ft-lb) required whole number.) Need Help? SCALCET9 6.4.025. ft-lb frustum of a cone Read It 12 ft 6 ft 14 ft Watch It i
-
In the figure, two loudspeakers, separated by a distance of d1 = 2.63 m, are in phase. Assume the amplitudes of the sound from the speakers are approximately the same at the position of a listener,...
-
Time Saver Meals, Inc., offers monthly service plans providing prepared meals that are delivered to the customers homes. The target market for these meal plans includes double-income families with no...
-
Draw a graph of the cost behavior for each of the following costs incurred by the Valley View Hospital. The hospital measures monthly activity in patient days. Label both axes and the cost line in...
-
Fiber Technology, Inc., manufactures glass fibers used in the communications industry. The companys materials and parts manager is currently revising the inventory policy for XL-20, one of the...
-
Brennan Corporation began 2015 with a $90,000 balance in the Deferred Tax Liability account. At the end of 2015, the related cumulative temporary difference amounts to $350,000, and it will reverse...
-
Starfleet Corporation has one temporary difference at the end of 2014 that will reverse and cause taxable amounts of $55,000 in 2015, $60,000 in 2016, and $75,000 in 2017. Starfleets pretax financial...
-
The following information is available for McKee Corporation for 2015. 1. Excess of tax depreciation over book depreciation, 40,000. This 40,000 difference will reverse equally over the years...
Study smarter with the SolutionInn App