Calculate the total direct materials variance

Assignment Help Accounting Basics
Reference no: EM13817943

The management of Zeta Company has calculated the following variances: Direct materials cost variance $8,000 U Direct materials efficiency variance 35,000 F Direct labor cost variance 15,000 F Direct labor efficiency variance 12,000 U Total variable overhead variance 7,000 F Total fixed overhead variance 3,050 F Calculate the total direct materials variance of Zeta Company.

A) $10,050 F

B) $27,000 F

C) $7,000 F

D) $3,000 F

Reference no: EM13817943

Questions Cloud

Perform a split-off : Under what circumstances would you expect a corporation to perform a split-off? Spin-off? Split-up? Discuss the advantages and disadvantages.
Write an essay that discuss your skills in english : Write an essay that Discuss your skills in English. What do you see as your strongest skills and your greatest weaknesses in writing?
Accept formal project management processes : Persuade a hypothetical senior manager that reluctant to fund and accept formal project management processes. Provide your strongest two or three supporting pieces of evidence in your answer.
Account for contingencies rests : 1. The responsibility for designing and maintaining policies and procedures to identify, evaluate, and account for contingencies rests with whom?
Calculate the total direct materials variance : Direct materials cost variance $8,000 U Direct materials efficiency variance 35,000 F Direct labor cost variance 15,000 F Direct labor efficiency variance 12,000 U Total variable overhead variance 7,000 F Total fixed overhead variance 3,050 F Calc..
Office resources for personal tasks : If you believe her behavior is unethical, what controls could be in place to prevent it? Have you ever used office resources for personal tasks? Under what conditions could such use of office resources be justified?
Ensuring sound operations and transaction processing : You read about various internal controls that should be in place for ensuring sound operations and transaction processing. Internal control is a favorite topic of auditing students, since a lot of the internal controls you learned about can be app..
To curb the influence of that powerful lobby : Voters in the State of California decide that the tobacco industry is having too great an impact on the outcome of local referenda limiting smoking in public places.
Stands for maintenance and operation cost : The following table summarizes information which are associated with three new 3D Printers being considered for use in a manufacturing plant. Note that M&O stands for Maintenance & Operation Cost.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Q1 abigail manchester set up a business selling keep fit

q1. abigail manchester set up a business selling keep fit equipment trading under the name of keep fit. she put

  Airborne manufacturing co completed the following

airborne manufacturing co completed the following transactions during 2009 jan 16 declared a cash dividend on the 4 102

  Distribution and accumulation amounts

Under the terms of the trust instrument, the trustee has discretion to distribute or accumulate income on behalf of Willie, Sylvia, and Doris in equal shares. The trustee also can invade corpus for the benefit of any of the beneficiaries to the ex..

  The cost formula for its materials and supplies is 1990 per

1 the cost formula for its materials and supplies is 1990 per month plus 8 per vehicle. for the month of november the

  Mikes agi is 120000 before any of the above expenses are

employment-related expenses. mike incurs the following employment-related expensesin the current yearactual automobile

  Headings for a monthly bank reconciliation

Prepare a table with the headings for a monthly bank reconciliation dated September 30 - Bank service charge for September

  Which of the following groups would be considered an

which of the following groups would be considered an internal user of financial statements?a bank reviewing a loan

  Marketing and administrative expenses

Gilbert expects to receive 70% of his revenues in cash during the month of sale and 30% in the following month. Gilbert receives his dolls on consignment, with the purchase price being due at the time of the sale. Thus, Gilbert's cash outflow for ..

  Which of the following statements best describes how gaap

which of the following statements best describes how gaap and ifrs treat cash?gaap is more strict about what is

  Prepare a training program for new employees

Prepare a training program for new employees in the customer care call center.

  Performance drinks llc is owned by dave n port performance

performance drinks llc is owned by dave n. port. performance drinks produces a variety of sports centered drinks. they

  What insights did you gain form looking at the various ratio

A. For the following ratios create trend charts for WFM for 10 years 2002 - 2011. Use ratio data from Morningstar online database: Current ratio, Average collection period, Debt/Equity, Times interest earned, and Operating profit margin. Use separ..

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!

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