ssume the following information appears in the standard cost card for an enterprise that makes...
80.2K
Verified Solution
Link Copied!
Question
Accounting
ssume the following information appears in the standard cost card for an enterprise that makes only one product: Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours 5 pounds 2 hours 2 hours Standard Price or Rate $11.ee per pound $17.00 per hour $ 3.00 per hour Standard Cost $55.00 $34.ee $ 6.00 During the most recent period, the following additional information was available: 20.000 pounds of material was purchased at a cost of $10.50 per pound. . All of the material that was purchased was used to produce 3.900 units 8.000 direct labor-hours were recorded at a total cost of $132,000 What is the direct labor spending variance
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.