Russell and sons, a cpa firm, established the following standard labor cost data for completing what the firm referred to as a class 2 tax return. russell expected each class 2 return to require 4.0 hours of labor at a cost of $30 per hour. the firm actually completed 600 returns. actual labor hours averaged 3.6 hours per return and actual labor cost amounted to $34.50 per hour.
required: (a) determine the total labor variance and indicate whether it is favorable (f) or unfavorable (u).
(b) determine the labor price variance and indicate whether it is favorable (f) or unfavorable (u).
(c) determine the labor usage variance and indicate whether it is favorable (f) or unfavorable (u).

Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million. a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.