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 6.00 pounds $ 2.30 per pounds $ 13.80
direct labor 0.50 hours $ 10.00 per hour $ 5.00
during the most recent month, the following activity was recorded:
during the most recent month, the following activity was recorded:
a. 11,000 pounds of material were purchased at a cost of $2.10 per pound.
b. all of the material purchased was used to produce 1,500 units of zoom.
c. 500 hours of direct labor time were recorded at a total labor cost of $6,500.
required:
1.
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
2. compute the labor rate and efficiency 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
Answers: 3
Business, 22.06.2019 12:20, laskew37221
Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
Answers: 3
Business, 22.06.2019 13:50, 2023apd
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
Business, 22.06.2019 14:10, gia2038
Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
Answers: 1
Business, 22.06.2019 18:00, Elephants12
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
Huron company produces a commercial cleaning compound known as zoom. the direct materials and direct...
Mathematics, 16.04.2020 20:39
English, 16.04.2020 20:39