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Author Question: Adler Industries uses a standard cost system. Adler has established the following standards for one ... (Read 78 times)

curls713

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on: Feb 5, 2023

Question 1

Academy Awards makes plaques and trophies. Last year the company's direct labor payroll totaled $140,000 for 17,300 direct labor hours. The standard wage rate is $7.75 per direct labor hour.

Required:

Calculate Academy Awards' direct labor rate variance for the period.

Question 2

Adler Industries uses a standard cost system. Adler has established the following standards for one unit of product: standard labor of .25 hour and standard wage rate of $12 per hour. During January, Adler used 5,000 hours of direct labor and paid $62,500 in wages in producing 18,700 units.

Required:

Calculate the direct labor rate variance and indicate whether the variance is favorable or unfavorable.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by curls713 on Feb 5, 2023

Asfa

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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curls713

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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