Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 7.00

Harvey Inc

Harvey Inc. uses a standard cost system for labor. Standard costs for material cannot be used because customers require unique materials and all jobs are different sizes. One of the company’s jobs experienced the following results related to direct labor in December 2010:
Actual hours worked …………………………9,000
Standard hours for production ……………….8,600
Actual direct labor rate ………………………$9.65
Standard direct labor rate ……………………$9.85
a. Calculate the total actual payroll.
b. Determine the labor rate variance.
c. Determine the labor quantity variance.
d. What concerns do you have about the variances in (b) and (c)?

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 09:07 PM My Price 7.00

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