User Account

All Pages

Compute the total price and quantity variances for material

Assignment Help Accounting Basics
Reference no: EM131455368

Assignment

Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.

Direct materials (9 pounds at $2.20 per pound)

$19.80

Direct labor (1 hours at $11.00 per hour)

$11.00

During the month of April, the company manufactures 310 units and incurs the following actual costs.

Direct materials purchased and used (1,600 pounds)

$3,680

Direct labor (330 hours)

$3,564

Compute the total, price, and quantity variances for materials and labor.

Reference no: EM131455368

Questions Cloud

Describe the zeus trojan : Describe the Zeus Trojan, how it has been used in the past, how to detect it, and how to remove it.
Integration of conceptual material : your integration of conceptual material from weekly readings and class discussions - political alliances and relative political power of policy proposals
Discuss about the business continuity planning : Write a report focusing on the advantages and disadvantages of Business Continuity Planning in a financial organization under the Incident Command System
Define inherent imbalance : Management engaged in a lockout and hired temporary employees to fill in during the lockout period. The union charged that the hiring of temporary employees.
Compute the total price and quantity variances for material : which produces a single product, has prepared the following standard cost sheet. Compute the total, price, and quantity variances for materials and labor.
What is the nature of the risk : What is the nature of the risk? Who is at risk? What additional information do you require? What actions can be taken to prevent recurrence of the incident
Assessment of leadership talent pipeline : During a global career succession assessment of leadership talent pipeline, a candidate was asked to complete a personality/behavioral tendency profile.
Describe your chosen organization and the product : describe the product or service, along with your rationale for choosing your product or service - Describe your chosen organization and the product or service
Learning tool and as a professional portfolio : This e-portfolio assessment is designed to be used as both a learning tool and as a professional portfolio that you can include in your resume or applications.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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