For the completion of job, 100 skilled workmen, 40 semi-skilled workmen and 60 unskilled workmen worked for 30 weeks. Standard weekly wages for skilled workmen is $60, semi- skilled workmen is $36 and unskilled workmen is $24. The job completes in 32 weeks by 80 skilled, 50 semi-skilled and 70 unskilled workmen. Actual wages per week is $65 for skilled, $40 for semi-skilled and $20 for unskilled workmen. Among the given options, determine labor yield variance. a. $17,760 favorable b. $17,760 adverse c. $19,200 favorable d. $19,200 adverse

For the completion of job, 100 skilled workmen, 40 semi-skilled workmen and 60 unskilled workmen worked for 30 weeks. Standard weekly wages for skilled workmen is $60, semi- skilled workmen is $36 and unskilled workmen is $24. The job completes in 32 weeks by 80 skilled, 50 semi-skilled and 70 unskilled workmen. Actual wages per week is $65 for skilled, $40 for semi-skilled and $20 for unskilled workmen. Among the given options, determine labor yield variance. a. $17,760 favorable b. $17,760 adverse c. $19,200 favorable d. $19,200 adverse

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Description: For the completion of job, 100 skilled workmen, 40 semi-skilled workmen and 60 unskilledworkmen worked for 30 weeks. Standard weekly wages for skilled workmen is $60, semi-skilled workmen is $36 and unskilled workmen is $24. The job completes in 32

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter1: Introduction To Cost Accounting

Section: Chapter Questions

Problem 13E: Cycle Specialists manufactures goods on a job order basis. During the month of June, three jobs were...

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