Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Pontefract Company produced 2,500 widgets during November using 4,000 units of materials at a cost of $5.00 each. It also used 5,000 direct labor hours at a rate of $7.00. Its direct materials standard is 2 units per widget. Its direct labor standard is 2.5 hours per widget. Its materials price variance was a favorable $8,000 and its labor rate variance was an unfavorable $1,000.
A. Calculate the standard materials price per unit.
B. Calculate the standard labor rate. Round your answer to two decimal places.
C. Determine the materials usage variance and whether it is favorable or unfavorable.
D. Determine the labor efficiency variance and whether it is favorable or unfavorable.
On January 1, 2015, Corvallis Carnivals borrows $30,000 to purchase a delivery truck by agreeing to a 5%, five-year loan with the bank. Payments of $566.14 are due at the end of each month, with the first installment due on January 31, 2015. Record t..
How does Disney describe cash and cash equivalents
Journalize the six adjusting entries required at August 31, based on the data presented - what would be the effect on the income statement if adjustments (a) and (f) were omitted at the end of the year?
Presented below is the balance sheet for HHD, Inc., at December 31, 2016. Current assets $ 620,000 Current liabilities $ 420,000 Investments 515,000 Long-term liabilities 965,000 Property, plant, and equipment 2,140,000 Shareholders' equity 2,100,000..
case study question 1read headline health rates as top social issue. would you expect management to worry about
Use the information presented to prepare the assigned pages of the Form 1065 and Schedule D. - Also prepare one Schedule K-1.
Cost of goods sold was $10,800,000 for Webb and $6,400,000 for Rand. What was consolidated cost of goods sold?
Sanborn Inc. is a new manufacturing company founded on February 2, 2012. The company had to choose between the LIFO and FIFO methods for its inventory. Inventory costs were rising during 2012, so the company decided to use the LIFO method. Which of t..
Recently, several states have outsourced some of the services traditionally provided by the government employees. In one state, the department of health and human services(Department) has outsourced its electronic benefit transfer services to eFunds,..
Assuming that all of Fibre Technologies' internal production costs are avoidable if the company purchases rather than makes the latch, what would be the net annual cost advantage to purchasing the latches?
Which of the following does not describe a characteristic of process costing? All units of production receive precisely the same amount of material, labor, and overhead.
Samson Company has a standard costing system in the production of its only product. Ther 84,000 units of raw materials inventory were purchased for $126,000 and 4 units of raw materials are required to produce 1 unit of final product. What is the mat..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd