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!
The following questions are based on the following data: - Direct materials: standard, 5 pounds per unit at $2 per pound - Direct labor: standard, 1/2 hour @ $16 per hour Suppose the following were the actual results for production of 8,500 units: -Direct material: Dominion purchased and used 46,000 pounds at an actual unit price of $1.85 per pound, for an actual total cost of $85,100. -Direct labor: Dominion used 4,125 hours of labor at an actual hourly rate of $16.80 for a total actual cost of $69,300 1.) Compute the price and usage variances for direct labor and direct material. 2.) Suppose the company is organized so that the purchasing manager bears the primary responsibility for purchasing materials, and the production manager is responsible for the use of materials. Assume the same facts as in requirement 1 except that the purchasing manager bought 60,000 pounds of material. This means there is an ending inventory of 14,000 pounds of material. Recompute the material variances.
Critical Thinking Problems
martinez company incurred the following costs during 2012 in connection with its research and development
razar sharp company purchased equipment on july 1 2010 for 22140. the equipment was expected to have a useful life of
If beginning balance in prepaid insurance was $500 and$2,500 was paid for insurance premium during year, ending balance in prepaid insurance account (after the aboveadjusting entry) would be?
audiomart is a retailer of radios stereos and televisions. the store carries two portable sound systems that have
You must determine the amount for those distributions. What is the amount of distributions made to the owner of Martin Company during the year?
1.the beginning balance of ppampe is 50000 in 2014 and the beginning balance is shown as 80000 in 2015 .2. the firm
Prepare a corrected classified balance sheet in good form. The notes above are for information only.
which of the following would be least likely to be used as a means of allocating profits among partners who are active
the units of an item available or sale during the year were as follows jan 1 inventory 27 units at 600 feb 4 purchase
How much cash, if any, must be borrowed to maintain the desired minimum monthly balance - Batista Company management wants to maintain a minimum monthly cash balance
darby sporting goods inc. has been experiencing growth in the demand for its products over the last several years. the
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