Contemporary Auditing
11th Edition
ISBN: 9781337650380
Author: KNAPP
Publisher: Cengage
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Financial Accounting Question-6 point
Babu Company completes job #928 which has a standard of 610 labor hours at a standard rate of $19.30 per hour. The job was completed in 590 hours and the average actual labor rate was $19.10 per hour. What is the labor rate variance?
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- Beginning WIP 26,000arrow_forwardPlease answer the general accounting question not use aiarrow_forwardThe per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2,300 units, the actual direct labor cost was $68,800 for 4,300 direct labor hours worked, the total direct labor variance is____?arrow_forward
- The Leo Company had $600,000 of sales revenue. During the same accounting period the beginning and ending accounts receivable balances were $27,000 and $29,000, respectively. What amount of cash was collected from the customers during this period?arrow_forwardGeneral accountingarrow_forwardUnder this assumption, the ending balance of work in process inventory of dino nine international would be?arrow_forward
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