Solved

Kouba Manufacturing Corporation's Actual Direct Labor Cost for the Month

Question 13

Multiple Choice

Kouba Manufacturing Corporation's actual direct labor cost for the month of July was $45,000. Its labor rate variance for July was $1,000 unfavorable. Its labor efficiency variance was $5,000 favorable. What summary journal entry would Kouba make to record this information?


A) Kouba Manufacturing Corporation's actual direct labor cost for the month of July was $45,000. Its labor rate variance for July was $1,000 unfavorable. Its labor efficiency variance was $5,000 favorable. What summary journal entry would Kouba make to record this information? A) B) C) D)
B) Kouba Manufacturing Corporation's actual direct labor cost for the month of July was $45,000. Its labor rate variance for July was $1,000 unfavorable. Its labor efficiency variance was $5,000 favorable. What summary journal entry would Kouba make to record this information? A) B) C) D)
C) Kouba Manufacturing Corporation's actual direct labor cost for the month of July was $45,000. Its labor rate variance for July was $1,000 unfavorable. Its labor efficiency variance was $5,000 favorable. What summary journal entry would Kouba make to record this information? A) B) C) D)
D) Kouba Manufacturing Corporation's actual direct labor cost for the month of July was $45,000. Its labor rate variance for July was $1,000 unfavorable. Its labor efficiency variance was $5,000 favorable. What summary journal entry would Kouba make to record this information? A) B) C) D)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Kirsch Corporation's standard wage rate is $13.40

Q9: Compound C90N is a raw material used

Q10: Compound C90N is a raw material used

Q11: Compound G92N is used to make Passero

Q12: The Dexon Company makes and sells a

Q14: Drake Company purchased materials on account. The

Q15: Compound C90N is a raw material used

Q16: Lemoine Corporation's standard wage rate is $11.50

Q17: When the actual amount of a raw

Q18: When the actual direct labor-hours are less