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Flying High Company manufactures model airplanes. During the month, it manufactured 10,000 airplanes. Each one used an average of 6.5 direct labor hours and an average of 1.5 sheets of aluminum. It normally manufactures 7,500 airplanes. Materials and labor standards for making the airplanes are:Direct Material (1 Sheet of aluminum @ $10.00) $10.00Direct Materials (Other accessories @ $8.75) 8.75Direct Labor (6 hours @ $7.00) 42.001. 1) Compute the standard hours allowed for a volume of 10,000 airplanesA. 420,000 HRSB. 60,000 HRSC. 65,000 HRSD. 70,000 HRSShow Work.22. Compute the standard number of sheets of aluminum allowed for a volume of 10,000 airplanes.A. 10,000 Sheets .AB.7,500 Sheets .BC.11,250 Sheets .CD.15,000 Sheets .D
Developing and Insight into Labour and Material Variance The calculation of labour and material variances is not sufficient; we require knowing how the variance could have typ
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what is the meaning of classification of cost in relation to variability?
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