Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:
Standard Quantity or HoursStandard Price
or Rate Standard Cost
Direct materials5.6pounds$3.00per pound$16.80
Direct labor0.4hours$7.00per hour$2.80
During the most recent month, the following activity was recorded:
a. Ten thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound.
b.
The company produced only 1,080 units, using 9,720 pounds of material. (The rest of the material purchased remained in raw materials inventory.)
c. Five hundred and thirty two hours of direct labor time were recorded at a total labor cost of $6,384.
Required:
Compute the materials price and quantity variances for the month. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Do not round intermediate calculations.)
Direct materials price variance F
Direct materials quantity variance U
Answers: 3
Business, 21.06.2019 23:00, montecillolinda
The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?
Answers: 2
Business, 22.06.2019 01:40, dperdomo0015
Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost
Answers: 1
Business, 22.06.2019 17:30, Blakemiller2020
Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.
Answers: 2
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct...
Mathematics, 29.01.2020 00:45
Biology, 29.01.2020 00:45
Mathematics, 29.01.2020 00:45
Mathematics, 29.01.2020 00:45