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Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at $0.34 per micron Direct labor: 1.1 hours per toy at $7.10 per hour During July, the company produced 4,800 Maze toys. Production data for the month on the toy follow: Direct materials: 74,000 microns were purchased at a cost of $0.31 per micron. 32,000 of these microns were still in inventory at the end of the month. Direct labor: 5,580 direct labor-hours were worked at a cost of $42,966. Required: 1. Compute the following variances for July: (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. Round final answer to the nearest whole dollar.) a. The materials price and quantity variances. b. The labor rate and efficiency variances.
The sales proposal should include the following sections: Executive Summary, Customer Needs and Proposed Solution, Seller Profile, Pricing and Sales Agreement, and Implementation and Timetable.
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec..
Use an IF function in cell H18 to calculate the commission rate for the total sale for order 1. The commission rate is 2% for all sales that total more than $10 and 1% for all sales that total more than $5. No commission is paid on sales that total $..
What areas of disagreement emerge while contracts are in effect in the airline industry? Give examples and also explain how these disagreements can be solved in relation to airline labor relations.
What trade-offs would there be in opening one additional site versus opening several additional sites?
Alexander had a seventh-grade education and had worked over 20 years as a heavy equipment operator. He attended an orientation meeting with Anthony, Int’s where he was given a standard form employment contract without a chance to negotiate or reject ..
Strategic Alternatives – for each of the following list the alternatives with the appropriate pros and cons for JetBlue Airways. Corporate Strategies – propose at least two w/ pros and cons. Generic Strategies - propose at least two (w/pros and cons)
Jimi Henrich owns a custom acoustic guitar manufacturing company: Jimi's Jammers. He designs custom guitars to the specific requirements of the individual customer. His guitars range in price from $6500 to the most expensive one, a solid gold model, ..
Find the probability that there will be customer waiting for service at the drive-up window.
Sami Abbasi Health Food stocks five loaves of Vita-Bread. The probability distribution for the sales of VitaBread is listed in the following table. How many loaves will Sami sell on the average?
What is this doctrine? What does this doctrine have to do with the American legal system? Summarize “What is Literacy?”
Is the "heavyweight" project teams an approach that you would recommend to Lilly for commercialization of the Evista product
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