Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 5.00

Amanda’s Music

Amanda’s Music manufactures harmonicas. Amanda uses standard costs to judge performance. Recently, a clerk mistakenly threw away some of the records, and Amanda has only partial data for October. She knows that the direct labor flexible budget variance for the month was $330 F and that the standard labor price was $10 per hour. A recent pay cut caused a favorable labor price variance of $0.50 per hour. The standard direct labor hours for actual October output were 5,600.

Required

1. Find the actual number of direct labor hours worked during October. First, find the actual direct labor price per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the direct labor flexible budget variance of $330 F.

2. Compute the direct labor price and efficiency variances. Do these variances suggest the manager may have made any trade-offs? Explain.

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Jul 2017 01:07 PM My Price 5.00

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