Determine total direct material cost variance

Assignment Help Managerial Accounting

Reference no: EM13171226

Variance analysis. The Sudbury, South Carolina, plant of Saldanha Sports Company has the following standards for its soccer ball production:

Standards:
Material (leather) per soccer ball 0.25 yard
Material price per yard $16
Direct labor hours per soccer ball $0.20 hours
Wage rate per direct labor hour $10 per hour
Variable support cost rate $15 per direct labor hour

Actual results for October:
Used 13,000 yards of raw material, purchased for $205, 150
Paid for 8,240 direct labor hours at $9.50 per hour
Incurred $131,840 of variable support costs
Manufactured 40,000 soccer balls

Required:

Determine the following variances for October:

a) Total direct material cost variance

b) Total direct labor cost variance

c) Total variable support cost variance

d) Direct materials price variance

e) Direct materials quantity variance

f) Direct labor rate variance

g) Direct labor efficiency variance

h) Variable support rate variance

i) Variable support efficiency variance

Reference no: EM13171226

Questions Cloud

Compute the ph at the before titration : Calculate the pH at the following points a. Before Titration b. After the addition of 5.00mL of NaOH c. After the addition of 25.00mL of NaOH d. After the addition of 50.00mL of NaOH e. After the addition of 5.00mL of NaOH

Define the factors that affect rate and relative reactivity : Explain the factors that affect rate and relative reactivity. Use a mechanism(s) and reactions to support your claims.

State the factors that affect the acidity of carboylic acids : Explain the factors that affect the acidity of carboylic acids. Why does this matter/ give evidence to support your claims and use a reaction

Detrimental effect on autonomy : On the surface there seems to be a tension between appeals to autonomy in defense of freedom of speech and expression and appeals to autonomy in order to justify restrictions on freedom of speech and expression which may result in sexual harassmen..

Determine total direct material cost variance : Determine the variances and the total direct material cost variance, Total direct labor cost variance

What do you dislike about profit-sharing plan : Suppose that Marg Watson's salary was $68,000 and that total salaries paid in the company were $25 million. What would Marg's profit share be?

Calculate deltas for the reaction : Calculate deltaS for this reaction at 200 ºC (again assume Cp is independent of temperature)

State opened and the gases are allowed to mix : The stopcock connecting a 2.25 L bulb containing oxygen gas at a pressure of 4.00 atm, and a 5.25 L bulb containing neon gas at a pressure of 8.00 atm, is opened and the gases are allowed to mix.

What is the ph of the solution at before any titrant is add : What is the pH of the solution at the following points along the titration curve: 1) Before any titrant is added

User Account

All Pages