Business
Business, 01.07.2019 00:00, lauralimon

On january 1, 2017, henry manufacturing corporation purchased a machine for

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Business, 21.06.2019 21:30, AquariusOx
Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time
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Business, 16.07.2019 00:30, adiafloresp2dkbx
On january 1, 2018, tyson manufacturing corporation purchased a machine for $41,100,000. tyson's management expects to use the machine for 32,000 hours over the next six years. the estimated residual value of the machine at the end of the sixth year is $47,000. the machine was used for 4,000 hours in 2018 and 6,000 hours in 2019. what is the depreciation expense for 2018 if the corporation uses the units-of-production method of depreciation? (round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
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Business, 22.07.2019 16:10, Asrys
On january 1, 2018, mchenry manufacturing corporation purchased a machine for $ 40 600 000. mchenry's management expects to use the machine for 27 000 hours over the next six years. the estimated residual value of the machine at the end of the sixth year is $ 50 000. the machine was used for 3 600 hours in 2018 and 5 comma 700 hours in 2019. calculate the book value of the machine at the end of 2019 if the company uses the method of depreciation. (round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
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