Business, 09.09.2019 20:20 arturocarmena10
Rudd clothiers is a small company that manufactures tall-men’s suits. the company has used a standard cost accounting system. in may 2017, 11,250 suits were produced. the following standard and actual cost data applied to the month of may when normal capacity was 14,000 direct labor hours. all materials purchased were used.
cost element
standard (per unit)
actual
direct materials 8 yards at $4.40 per yard $375,575 for 90,500 yards ($4.15 per yard)
direct labor 1.2 hours at $13.40 per hour $200,925 for 14,250 hours ($14.10 per hour)
overhead 1.2 hours at $6.10 per hour (fixed $3.50; variable $2.60) $49,000 fixed overhead $37,000 variable overhead
overhead is applied on the basis of direct labor hours. at normal capacity, budgeted fixed overhead costs were $49,000, and budgeted variable overhead was $36,400.
(a)
compute the total, price, and quantity variances for (1) materials and (2) labor. (round answers to 0 decimal places, e. g. 125.)
(1) total materials variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture unfavorableneither favorable nor unfavorablefavorable
materials price variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture unfavorableneither favorable nor unfavorablefavorable
materials quantity variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture neither favorable nor
(2) total labor variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture neither favorable nor
labor price variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture favorable nor unfavorable
labor quantity variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture favorableneither favorable nor unfavorableunfavorable
(b)
compute the total overhead variance.
total overhead variance $rudd clothiers is a small company that manufacture rudd clothiers is a small company that manufacture unfavorableneither favorable nor unfavorablefavorable
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 20:30, valentinethevast
The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity. why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity
Answers: 3
Business, 22.06.2019 04:00, tomboyswagge2887
The simple interest in a loan of $200 at 10 percent interest per year is
Answers: 2
Business, 22.06.2019 13:40, ilovecatsomuchlolol
A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.
Answers: 3
Business, 22.06.2019 19:40, Animallover100
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
You know the right answer?
Rudd clothiers is a small company that manufactures tall-men’s suits. the company has used a standar...
Questions in other subjects:
Mathematics, 27.10.2019 03:43
Geography, 27.10.2019 03:43
Mathematics, 27.10.2019 03:43
