Business, 11.12.2019 20:31 amandaparrish2323

Jackson industries uses a standard cost system in which direct materials inventory is carried at standard cost. jackson has established the following standards for one unit of product. during may, jackson purchased 125,000 pounds of direct material at a total cost of $475,000. the total factory wages for may were $364,000, 90 percent of which were for direct labor. jackson manufactured 22,000 units of product during may using 108,000 pounds of direct material and 28,000 direct labor-hours. standard quantity standard price/rate standard cost direct material 5 pounds 3.60 per pound 18.00 direct labor 1.25 hours 12 per hour 15.00 direct labor price variance is

1. 8400 f
2. 7200 u
3. 6000 f
4. none are correct

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:00, hahalol123goaway

Which law would encourage more people to become homeowners but not encourage risky loans that could end in foreclosure? options: offering first time homebuyers tax-free accounts to save for down payments requiring all mortgages to be more affordable, interest-only loans outlawing home inspections and appraisals by mortgage companies limiting rent increases to less than 2% a year

Answers: 2

continue

Business, 22.06.2019 16:10, safiyyahrahman6907

From what part of income should someone take savings?

Answers: 2

continue

Business, 22.06.2019 20:30, lareynademividp0a99r

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.

Answers: 3

continue

Business, 22.06.2019 22:00, Suzispangler2264

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Answers: 3

continue

You know the right answer?

Jackson industries uses a standard cost system in which direct materials inventory is carried at sta...