Direct labor budget Study guides, Class notes & Summaries

ACC 241 Exam Questions With 100% Correct Answers (Verified And Updated) A favorable direct labor efficiency variance and an unfavorable direct labor rate variance might indicate which of the following? A) Unskilled workers using more actual hours than standard, paid at a higher rate per hour than the standard rate B) Unskilled workers using less actual hours than standard, paid a lesser rate per hour than the standard rate C) Skilled workers using less actual hours than standard, paid at...

1. Which budget should include all production costs other than those for direct materials and direct labor? A.Sales budget B.Direct materials budget C.Manufacturing overhead budget D. Production budget - c 2. Which account is a common asset account? A.Accounts payables B.Equity C.Accounts receivable D. Utilities Expense - c

PGA PGM Level 3 - Food and Beverage QUESTIONS WITH COMPLETE SOLUTIONS2 facilities use the same product from the same purveyor, but use it for different menouitems This is an example of differentiated product 2 major reasons restaurants fail? Lack of management skills and good accounting 01:05 01:35 Best way to retain staff Training Dram shop laws state that you are responsible for people you serve? True Food and Beverage payroll is determined by? Faciliti...

ACC 241 Exam Questions With 100% Correct Answers (Verified And Updated) A favorable direct labor efficiency variance and an unfavorable direct labor rate variance might indicate which of the following? A) Unskilled workers using more actual hours than standard, paid at a higher rate per hour than the standard rate B) Unskilled workers using less actual hours than standard, paid a lesser rate per hour than the standard rate C) Skilled workers using less actual hours than standard, paid at...

An employer remits State disability taxes withheld from an employees wages to what agency? - correct Answer-Employment Development Department Which act establishes the rights of workers to organize into unions and negotiate contracts? - correct Answer-National Labor Relations Act of 1935 A contractor has had a problem with employees stealing tools and equipment from job sites. When conducting job interviews, may the contractor ask prospective employees about their arrest records? A. It is...

ARE 5.0 CONSTRUCTION & EVALUATION EXAM 2024 (3) ways cost estimates can be performed during Programming - correct answer 1. Unit cost system. 2. Historical data on similar types of projects. 3. Cost per square foot. Cost estimating method used during the Schematic Design - correct answer Preliminary (rough) estimates are based on pricing major elements, such as structural system selected and the MEP systems used. Cost estimating method used during the Design Development - correct ...

IAAO 101 Quiz| questions with complete answers The basic responsibilities of the assessor are to ___________________ all taxable property Discover, List, and Value One of the steps an assessor must take in the discovery of property is to Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be 0.1330 Actual value...

Chapter 9 Profit Planning True/False 1. F Medium The usual starting point in budgeting is to make a forecast of cash receipts and cash disbursements. 2. F Medium Budgets are used for planning rather than for control of operations. 3. T Easy A continuous or perpetual budget is one which covers a 12­month period but which is constantly adding a new month on the end as the current month is completed. 4. F Easy Control involves developing objectives and preparing the vario...

What are the 5 main functions of management? - Plan, organize, staff, direct, control/evaluate Which one is NOT one of the 5 main functions of management? A) Plan B) Direct C) Budget D) Staff - Budget Basic function of management where objectives are predetermined, involves policies and procedures, and always has a time span - Planning General decision making guides, boundaries within you must operate. (i.e. all customer complaints will be addressed within 1 day) - Policies Chr...

1. Which budget should include all production costs other than those for direct materials and direct labor? A.Sales budget B.Direct materials budget C.Manufacturing overhead budget D. Production budget - c 2. Which account is a common asset account? A.Accounts payables B.Equity C.Accounts receivable D. Utilities Expense - c 3 .On which financial statement would you see the valuation of a company's asset accounts? a.Statement of Cash Flows b.Balance Sheet c.Income Statement d.Stat...