Exercise 10-7 direct materials variances [lo10-1] huron company produces a commercial cleaning compound known as zoom. the direct materials and direct labor standards for one unit of zoom are given below: standard quantity or hours standard price or rate standard cost direct materials 5.70 pounds $ 2.50 per pound $ 14.25 direct labor 0.50 hours $ 7.50 per hour $ 3.75 during the most recent month, the following activity was recorded: eleven thousand pounds of material were purchased at a cost of $2.40 per pound. the company produced only 1,100 units, using 9,900 pounds of material. (the rest of the material purchased remained in raw materials inventory.) 650 hours of direct labor time were recorded at a total labor cost of $7,800. required: compute the materials price and quantity variances for the month. (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero variance). input all amounts as positive values. do not round intermediate calculations.)
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Business, 21.06.2019 14:10, jzjzjzj
Needs 83,000 optical switches next year (assume same relevant range). by outsourcing them, worldsystems can use its idle facilities to manufacture another product that will contribute $ 140,000 to operating income, but none of the fixed costs will be avoidable. should worldsystems make or buy the switches? show your analysis.
Answers: 3
Business, 22.06.2019 09:50, thanitoast84
Acar manufacturer uses new machines that automatically assemble an engine from parts fed to the system. the machine can regulate the speed ofassembly depending on the number of parts produced. which type of technology does this machine use? angenoem mense wat ons in matin en esta va ser elthe machine uses
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Business, 22.06.2019 11:10, jordanbyrd33
Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
Answers: 2
Exercise 10-7 direct materials variances [lo10-1] huron company produces a commercial cleaning compo...
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