Reference no: EM132004287
Question - You've recently been promoted to senior financial analyst, and your first assignment is to evaluate the performance of your company's cost center. You work for a men's clothing manufacturer called Impressive Men's Wear. You currently have the following data:
Standard material cost of $20 (5 units of raw materials at $4) Standard direct labor cost of $10 (1 hour per unit)
Standard variable overhead cost of $10 (based on direct labor-hours) Fixed overhead is budgeted at $22,000
The following data for pertains to operations for June of this year:
Raw materials purchased: 10,000 units costing
Raw materials used in production of 1,500 units of finished product: 10,000 units of raw materials
Direct labor used: 2,000 hours costing $30,000
Variable overhead costs incurred: $20,000
Fixed overhead budget variance: $20,000
Compute the cost variance for Materials price variance, materials quantity variance, labor rate variance, labor efficiency variance, variable overhead spending variance and variable overhead efficiency variance.
|
Determine the PW-FW-AW-IRR and ERR for the investment
: Determine the PW, FW, AW, IRR, and ERR for the investment if:
|
|
Improve the health of others living in our community
: How does living in urban communities personally affects our overall health and how to improve the health of others living in our community?
|
|
Comments or paraphrases in answer
: How can you improve? Please include outside quotes, comments or paraphrases in your answer, and cite the sources.
|
|
Prevent unethical research practices
: What other prevention, monitoring, and resources have worked to prevent unethical research practices among the most vulnerable populations?
|
|
Compute the cost variance for materials price variance
: Compute the cost variance for Materials price variance, materials quantity variance, labor rate variance, labor efficiency variance
|
|
Physician-assisted suicide
: Research the topic of Physician-Assisted Suicide, answer the following questions:
|
|
What is the current value of the future payments
: Mrs. Crawford will receive $7,600 a year for the next 19 years from her trust. If a 14 percent interest rate is applied, what is the current value.
|
|
Describing the approach to care of cancer
: Describing the approach to care of cancer. In addition, include the following in your paper:
|
|
What is the depreciation expense
: Acme Corp. bought a machine for $350,000 cash on August 1, 2012. What is the Depreciation expense in year 2012 and 2013
|