Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. gorf products had the following variances for the

Gorf Products had the following variances for the year 2015: Direct labor rate variance $9,000...

90.2K

Verified Solution

Question

Accounting

Gorf Products had the following variances for the year 2015: Direct labor rate variance $9,000 U Total direct labor variance $21,000 F These variances were based on a standard of 6,000 total labor hours allowed (to produce 1,000 actual units) and a standard of $20 per hour of labor. What was the actual rate paid this period?

None of these are correct

$22

$18

$21

$20

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

An electron in hydrogen atom after absorbing energy photons can jump between energy states n...

Physics
Q

Choose an everyday object or system, and explain how modulation ideas can be applied to understand...

Physics
Q

A pressurised air tank supplies compressed air to a new hybrid air engine. When the hybrid...

Mechanical Engineering
Q

Derive from the first principles an expression for the reflection coefficient in term of surge impedance of...

Electrical Engineering
Q

Suppose that there are three Suppliers (Supplier A, Supplier B, Supplier C) and we are interested...

Advance Math
Q

P 1 3 1 0 y In the xy plane above O is the center...

Geometry
Q

1 The circus club has 22 members There are 9 jugglers and 13 tumblers The...

Statistics
Q

let x tan find f s

Calculus
Q

5 If y varies jointly as a and 2 and y 24 when x 3...

Algebra
Q

Arthur transfers property valued at $250,000 to a charitable organization in return for a single...

Accounting
Q

Fairweather Umbrellas currently employs three accounts receivable clerks who each earn $28,000 per year. At...

Accounting
Q

[The following information applies to the questions displayed below.) Year 1 total cash dividends $...

Accounting