please answer B part The standard cost of product...

50.1K

Verified Solution

Question

Accounting

please answer B part image
image
image
The standard cost of product 2525 includes 4.10 hours of direct labour at $14.40 per hour. The predetermined overhead rate is $21.60 per direct labour hour. During July, the company incurred 11,170 hours of direct labour at an average fate of $14.80 per hour and $237,012 of manufacturing overhead costs. It produced 2,700 units. Your answer is correct. Calculate the total, price, and quantity variances for labour. (Round per unit calculations to 2 decimal ploces, eg, 1.25 and final answers to 0 decimal places, eg. 125.) Calculate the total overhead 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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students