This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A favorable efficiency variance for direct manufacturing labor indicates that ________. (Read 69 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
on: Mar 6, 2021

Question 1

A company purchases $650,000 of materials on credit.  The standard cost for the materials is  $675,000.  Which of the following would be the correct journal entries to record the purchase under a standard costing system?
◦
◦
◦
◦

Question 2

A favorable efficiency variance for direct manufacturing labor indicates that ________.
◦ a lower wage rate than planned was paid for direct labor
◦ a higher wage rate than planned was paid for direct labor
◦ less direct manufacturing labor-hours were used during production than planned for actual output
◦ more direct manufacturing labor-hours were used during production than planned for actual output
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on Mar 6, 2021

Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Mar 6, 2021
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.
Answer Preview
Only 25% of students answer this correctly


RRMR

  • Member
  • Posts: 557
Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Placing an endotracheal tube in the trachea with direct visualization by laryngoscopy. Placing an endotracheal tube in the trachea with direct visualization by laryngoscopy.
Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask, Nebulizer. The nebulizer converts a liquid medication to a mist that is easily inhaled. A face mask,
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
(a) Mechanisms of action for direct cholinergic agonists. Direct cholinergic agonists can act by two ... (a) Mechanisms of action for direct cholinergic agonists. Direct cholinergic agonists can act by two ...
Flow cytometry. Cells expressing the surface markers CD4, CD8, and CD3 are labeled in a direct ... Flow cytometry. Cells expressing the surface markers CD4, CD8, and CD3 are labeled in a direct ...
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library