Business, 24.06.2020 17:01 karla21pilots

Computing standard unit cost; variance analysis; journal entries All of the deviations listed in E8-1 and E8-2 took place, and 1,000 units were started and finished. (Note that the quantities used will affect the rate variances for both materials and labor.) E8-1
Standard unit cost; variance analysis; journal entries 1,000 units were started and finished.
Case 1: All prices and quantities for the cost elements are standard, except for materials cost, which is $8.50 per pound.
Case 2: All prices and quantities for the cost elements are standard, except that 1,900 pounds of materials were used.
E8-2
Standard unit cost; variance analysis; journal entries 1,000 units were started and finished.
Case 1:.All prices and quantities are standard, except for the labor rate, which is $10.20 per hour.
Case 2: All prices and quantities are standard, except for labor hours, which totaled 900.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:20, webbjalia04

Jimmy owns an ice cream parlor. he designs a schedule for the different tasks the employees have to perform in order to prevent monotony at work. according to the schedule, if an employee makes waffle cones on a day, he serves ice creams the next day and clears the tables on the day after that. jimmy is using the approach at his ice cream parlor.

Answers: 2

continue

Business, 21.06.2019 20:30, Felici6086

Partnerships are the most common type of business firms in the world. t/f

Answers: 3

continue

Business, 21.06.2019 21:20, nonispn606

20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units

Answers: 1

continue

Business, 22.06.2019 05:00, jennemylesp19oy5

What is a sort of auction for stocks in which traders verbally submit their offers?

Answers: 3

continue

You know the right answer?

Computing standard unit cost; variance analysis; journal entries All of the deviations listed in E8-...