Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. give me an example of direct labor variances adva

Give me an example of Direct Labor Variances Advanced Micro Devices develops...

60.1K

Verified Solution

Question

Accounting

Give me an example of Direct Labor Variances
Advanced Micro Devices
develops high-performing computing products. Assume one of its proces-
sors, Ryzen 7 Pro, has a standard labor time of 0.25 hours and a standard labor rate of $20 per hour.
During February, the following activities pertaining to direct labor for Ryzen 7 Pro were recorded:
Direct labor hours used
..................................................
64,000
Direct labor cost
........................................................
$1,248,000
Units of Ryzen 7 Pro manufactured
.........................................
250,000
Required
a.
Determine the labor rate variance.
b.
Determine the labor efficiency variance.
c.
Determine the total flexible budget labor cost variance.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

XYZ Company’s machine was purchased 5 years ago for $55,000. It had an expected life of...

Finance
Q

A proposed project has fixed costs of $43,000 per year. The operating cash flow at 8,000...

Finance
Q

Given the differential equation y′′-3y′-4y=-2sin(2t),  y(0)=-1,  y′(0)=1 Apply the Laplace Transform and solve for Y Y(s)=L{y} Y(s)=    L(y′)=sY(s)-y(0)and L(y′′)=s2Y(s)-y′(0)-sy(0)

Advance Math
Q

5. Which of the following Dural Infoldings/Reflections is NOT matched up correctly with its location?     A....

Medical Sciences
Q

When considering current emerging technologies, what may be the vision and characteristics of the real world...

General Management
Q

The EphA4 receptor signals for growth cone collapse by the following signal transduction pathway Activation...

Biology
Q

1 B KX E DEF ACB geninin y kseklik ayaklar n n olu turdu u...

Geometry
Q

The graph of a fourth degree function AY L 0 36 1 0 4 0...

Basic Math
Q

Sketch the graph of the rational function below. Include any vertical asymptotes and describe the...

Basic Math
Q

Use this definition with right endpoints to find an expression for the area under the...

Calculus
Q

Assume you are a manufacturer of small kitchen electrics, and you want to determine if...

Accounting
Q

Prepare an amortization schedule for a three-year loan of $60,000. The interest rate is 9...

Finance