Aquarius Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the material costs of one unit of product: Standard Quantity Standard Price Standard Cost 6 pounds $7.00 per pound $42.00 During June, the company purchased 165,000 pounds of direct material at a total cost of $1,171,500. The company manufactured 25,000 units of product during June using 151,000 pounds of direct materials. The price variance for the direct materials acquired by the company during June is: a. $15,100 favorable b. $15,100 unfavorable c. $16,500 favorable d. $16,500 infavorable

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011