Business, 15.04.2020 05:14 DiiegoWasHere
Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows: Standard Quantity Standard Price (Rate) Standard Unit Cost Direct materials (clay) 1.60 lbs. $ 1.70 per lb. $ 2.72 Direct labor 1.60 hrs. $ 10.00 per hr. 16.00 Variable manufacturing overhead (based on direct labor hours) 1.60 hrs. $ 1.10 per hr. 1.76 Fixed manufacturing overhead ($273,000.00 ÷ 105,000.00 units) 2.60 Barley Hopp had the following actual results last year: Number of units produced and sold 110,000 Number of pounds of clay used 188,200 Cost of clay $ 301,120 Number of labor hours worked 155,000 Direct labor cost $ 1,798,000 Variable overhead cost $ 210,000 Fixed overhead cost $ 275,000 Required: 1. Calculate the direct materials price, quantity, and total spending variances for Barley Hopp. 2. Calculate the direct labor rate, efficiency, and total spending variances for Barley Hopp. 3. Calculate the variable overhead rate, efficiency, and total spending variances for Barley Hopp.
Answers: 1
Business, 21.06.2019 21:00, live4dramaoy0yf9
In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the
Answers: 1
Business, 22.06.2019 12:50, DesperatforanA
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
Answers: 3
Business, 22.06.2019 19:00, nativebabydoll35
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
Business, 22.06.2019 23:20, hernandezeileen20
Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?
Answers: 3
Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost informat...
Biology, 11.01.2021 02:50
Geography, 11.01.2021 03:00
Mathematics, 11.01.2021 03:00
English, 11.01.2021 03:00
Physics, 11.01.2021 03:00