User Account

All Pages

Compute the standard cost per unit

Assignment Help Accounting Basics
Reference no: EM131599484

Question - A manufactured product has the following information for June.

 

Standard

Actual

Direct materials

(6 lbs. @ $9 per lb.)

51,600 lbs. @ $9.10 per lb.

Direct labor

(3 hrs. @ $17 per hr.)

25,200 hrs. @ $17.40 per hr.

Overhead

(3 hrs. @ $12 per hr.)

$311,100

Units manufactured

 

8,500

Required -

Compute the standard cost per unit.

Compute the total cost variance for June. Indicate whether the cost variance is favorable or unfavorable.

Reference no: EM131599484

Questions Cloud

Expectancy for women : In a certain? country, the life expectancy for women in 1900 was 47 years and in 2000 it was 82 years.
What do you understand by predatory journals : What do you understand by Predatory Journals? How many posters were presented? List three Posters you like. In your own words write about one poster.
What is the probability of a game duration : Major league baseball game durations are normally distributed with a mean of 170 minutes and a standard deviation of 50 minutes.
Describe the sources of power you use to influence others : Describe the sources of power you use to influence others and anything else from the chapter that describe how you view your own leadership ability?
Compute the standard cost per unit : A manufactured product has the following information for June. Compute the standard cost per unit
What methods do you use to interpret an artwork : In what ways can working with the new media be beneficial in comparison to traditional artwork? What methods do you use to interpret an artwork?
Write a brief summary paragraph of the main ideas of source : After reading the source, write a brief summary paragraph of the main ideas of the source. DO NOT USE THE ABSTRACTS FROM THE DATABASES.
What is the probability of getting exactly four tails : a. What is the probability of getting exactly four tails? b. What is the probability of getting tails on at least four flips?
Simulation optimization model because : ASP cannot guarantee an optimal solution to a simulation optimization model because

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which element of the five categories of control activities

checks are mailed by the owner or manager or a person under her supervision after signed. a. which element of the

  Prepare the consolidation journal entries for intra-group

On 1 July 2011, Parent Ltd acquired 100% of the share capital of Son Ltd for $ 1,000,000. Prepare the consolidation journal entries for intra-group transactions at 30 June 2015

  What are the tax implications to a holder of a special

what are the tax implications to a holder of a special power of appointment? they are subject to the annual 13000 de

  What is the interest cost for 2012 with respect to davenport

Calculate pension expense for 2012 with respect to Davenport, assuming plan assets attributable to her of $150,000 and a rate of return (actual and expected) of 10%.

  How much indirect factory wages and factory equipment

kleppe corporation has provided the following data from its activity-based costing accounting system indirect factory

  Compute the average product cost per bookcase round your

heritage company manufactures a beautiful bookcase that enjoys widespread popularity. the company has a backlog of

  Cost of violations of city construction codes

Late in 2013, you and two other officers of Curbo Fabrications Corporation just returned from a meeting with officials of The City of Jackson.

  Steps to develop a budget

Consider your health care organization or another health care organization with which you are familiar. What are the steps to develop a budget in that organization?

  Basics of balance sheet and income statement

Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life.

  Two items are omitted from each of the following summaries

Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2010, Craig Cantrel and Mills Enterprises.

  The bank account as a control device helps to protect cash

the bank account as a control device helps to protect cash. one of the requirements is to conduct periodic bank

  The following information relates to starbucks for 2007 net

the following information relates to starbucks for 2007 net income 672.638 million unrealized holding loss of 20.380

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd