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

Author Question: Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In ... (Read 34 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Mar 6, 2021
Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2017, MCP estimated the following standard costs for one of their most popular products.

Budgeted quantityBudgeted price
Direct materials6 pounds$4.25 per pound
Direct labor0.50 hours$15.00 per hour
During September, MCP produced and sold 2,000 units using 12,400 pounds of direct materials at an average cost per pound of $4.00 and 950 direct labor hours at an average wage of $15.15 per hour.

The direct labor price variance during September is ________.
◦ $750.00 unfavorable
◦ $150.00 favorable
◦ $142.50 unfavorable
◦ $142.50 favorable
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 ericka1 on Mar 6, 2021

welcom1000

  • Sr. Member
  • ****
  • Posts: 298
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 64% of students answer this correctly


ericka1

  • Member
  • Posts: 544
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

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.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

The standard protocol of a metagenomics experiment. The standard protocol of a metagenomics experiment.
Mechanism of Action of Direct-Acting Antispasmodics Mechanism of Action of Direct-Acting Antispasmodics
Cao Fei, RMB City, in Art in the Twenty-First Century, season 5 episode, "Fantasy". Cao Fei, RMB City, in Art in the Twenty-First Century, season 5 episode, "Fantasy".
Common Fluoride Products Common Fluoride Products
Indentured Labor from Asia Indentured Labor from Asia
How many monochlorosubstitution products are possible for 2,3-dimethylbutane? How many monochlorosubstitution products are possible for 2,3-dimethylbutane?
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library