Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
nicshaw nicshaw
wrote...
Posts: 3
Rep: 0 0
7 years ago
Sarmento Tax Services prepares tax returns for senior citizens. The standard in terms of (direct labor) time spent on each return is 2.0 hours. The direct labor standard wage rate at the firm is $ 12.00 per hour. Last month, 990 direct labor hours were used to prepare 500 tax returns. Total wages totaled $ 13,860.

Requirements
1. What is the actual (direct labor) wage rate per hour paid last month?
2. What is the direct labor rate variance?
3. What is the direct labor efficiency variance?
4. How might the direct labor rate variance for the firm last month be causing the direct labor efficiency variance?
Read 258 times
1 Reply
Replies
Answer verified by a subject expert
taigetaige
wrote...
Posts: 10
Rep: 1 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
 Attached file(s) 
Thumbnail(s):
You must login or register to gain access to these attachments.
1

Related Topics

nicshaw Author
wrote...

7 years ago
Correct Slight Smile TY
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Brilliant
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1262 People Browsing
Related Images
  
 227
  
 269
  
 265
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145

Previous poll results: Do you believe in global warming?