Business, 28.11.2019 02:31 dewonpruitt22
Marvel parts, inc., manufactures auto accessories. one of the company’s products is a set of seat covers that can be adjusted to fit nearly any small car. the company has a standard cost system in use for all of its products. according to the standards that have been set for the seat covers, the factory should work 1,075 hours each month to produce 2,150 sets of covers. the standard costs associated with this level of production are: total per set of covers direct materials $ 54,825 $ 25.50 direct labor $ 10,750 5.00 variable manufacturing overhead (based on direct labor-hours) $ 5,375 2.50 $ 33.00 during august, the factory worked only 800 direct labor-hours and produced 2,500 sets of covers. the following actual costs were recorded during the month: total per set of covers direct materials (12,500 yards) $ 58,750 $ 23.50 direct labor $ 13,000 5.20 variable manufacturing overhead $ 7,000 2.80 $ 31.50 at standard, each set of covers should require 3.0 yards of material. all of the materials purchased during the month were used in production. required: 1. compute the materials price and quantity variances for august. 2. compute the labor rate and efficiency variances for august. 3. compute the variable overhead rate and efficiency variances for august.
Answers: 1
Business, 21.06.2019 17:30, adenn3693
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answers: 3
Business, 22.06.2019 12:50, iamhayls
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
Business, 22.06.2019 17:40, bsheepicornozj0gc
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
Marvel parts, inc., manufactures auto accessories. one of the company’s products is a set of seat co...
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