Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Prado Corporation manufactures and sells a single product. The company uses a standard cost system. The standard cost per unit of product follows:
Materials - 1 lb plastic@$3.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3.00Direct labor- 1.6 hr@$10.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.00Factory overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.45Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$23.45The charges to the manufacturing department for November,when 5,000 units were produced, follow:Materials - 5,300 lb @$3.00 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15,900Direct labor - 8,200 hr@$9.80 . . . . . . . . . . . . . . . . . . . . . . . . . .80,360Factory overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,815Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $120,075The purchasing department normally buys about the same quantity as is used in production during a month. In November, 5,500 pounds were purchased at a price of $2.90 per pound.
Required:Calculate the following variances from standard costs for the data given,1. Materials quantity.2. Materials purchase price (at time of purchase).3. Labor efficiency.4. Labor rate.
strategic hrm approachesthe role of human resources hr has evolved in the past 30 years from reactive to proactive.
Question about Direct Labor Cost - direct-labor cost is the best cost-allocation base for overhead application even if wage rates vary within a department
strategies used by u.s. companies to stay union freewhat are the strategies used by u.s. companies today to keep them
Communications and Flow of Information - Explain in a narrative style the flow of information in your company
Can a manager instill motivation into employees or is motivation a process of drawing out something from employees? Discuss coaching.
Trends affecting employers' costs for benefits - What are some of the most important trends that affect employers' costs for benefits
influence of unions on daily lifealthough you may not be a current union member think about ways in which unions have
What efforts must be considered about these production and consumption habits in order to sustain the global population
the answer to strategic human resource managementlooking at the broader context within which canadian organizations
human resources tools and forecastingwhat are some various resources that hr professionals might use to help with
Labor and Material Estimates - Evaluate the estimated cost at completion for both Labor and Material
What do you see as some of the major challenges of organizational management and behavior facing FMC Green River and Aberdeen
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd