Question

. Some people suggest that the direct labor rate variance is never controllable. Do you agree...

. Some people suggest that the direct labor rate variance is never controllable. Do you agree or disagree? Give reasons to support your answer.

Homework Answers

Answer #1

No , statement that " some perople Suggest that direct labor rate variance is never controllable" is not correct . we are not agree with this statement because labour rate variance is mainly effected due to the rate finalise with labour andd if proper negotiation was not made at the time of hiring of labour , it might be possible that higher wages will be paid and in case proper negotiation was made , chance alwas exist to get cheaper rate which also effec ton labour rate variance in favourable term.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
If the direct labor rate variance is $500 favorable, and the direct labor efficiency variance is...
If the direct labor rate variance is $500 favorable, and the direct labor efficiency variance is $250 unfavorable, the journal entry will include a: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all...
do you agree or disagree that the monopolist never takes a loss
do you agree or disagree that the monopolist never takes a loss
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance Guillermo's Oil and Lube...
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance Guillermo's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Guillermo has found that a typical oil change takes 18 minutes and 6.2 quarts of oil are used. In June, Guillermo's Oil and Lube had 980 oil changes. Guillermo's Oil and Lube Company provided the following information for the production of oil changes during the month...
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance Guillermo's Oil and Lube...
Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance Guillermo's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Guillermo has found that a typical oil change takes 24 minutes and 6.2 quarts of oil are used. In June, Guillermo's Oil and Lube had 980 oil changes. Guillermo's Oil and Lube Company provided the following information for the production of oil changes during the month...
provide reasons for the RBA’s move to cut cash rate. Do you agree or disagree with...
provide reasons for the RBA’s move to cut cash rate. Do you agree or disagree with the adopted expansionary monetary policy?
A monopoly will never sell in the inelastic portion of the demand curve, would you agree...
A monopoly will never sell in the inelastic portion of the demand curve, would you agree or disagree? Justify your answer with a graph.
Describe the impact of minimum wage on the labor market. Do you agree or disagree with...
Describe the impact of minimum wage on the labor market. Do you agree or disagree with minimum wage? Why?
“Rich people don’t pay their fair share of taxes.” Do you agree or disagree with the...
“Rich people don’t pay their fair share of taxes.” Do you agree or disagree with the statement above? Fully explain your response.
Do you agree or disagree with Maslow's belief that all people are motivated by the same...
Do you agree or disagree with Maslow's belief that all people are motivated by the same needs? Why or why not?
Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate...
Information regarding Maxwell’s direct labor cost for the month of January follows: Direct labor hourly rate paid $ 28.50 Total standard direct labor hours for units produced this period 11,000 Direct labor hours actually worked 10,800 Direct labor rate variance $ 16,000 favorable Required: 1. Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal places.) 2. Compute the direct labor efficiency variance for January. Was this variance favorable (F) or unfavorable (U)?...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT