This topic contains a solution. Click here to go to the answer

Author Question: The standard number of direct labor hours used in calculating the direct labor efficiency variance is based on (Read 140 times)

Drewster127

  • Full Member
  • ***
  • Posts: 131

Question 1

If a company uses more direct labor hours than the standard allowed, the result is
◦ an unfavorable direct labor hour variance.
◦ an inflated Wages and Salaries Payable account on the balance sheet.
◦ a favorable efficiency variance.
◦ a reduction in operating income.

Question 2

The standard number of direct labor hours used in calculating the direct labor efficiency variance is based on
◦ the actual number of finished units produced.
◦ the number of units in the production budget.
◦ the number of units sold.
◦ the static budget.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Drewster127 on Feb 5, 2023

khudija

  • Full Member
  • ***
  • Posts: 171
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 29% of students answer this correctly




Drewster127

  • Member
  • Posts: 131
Reply 2 on: Feb 5, 2023
:D TYSM


Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library