Dawson toys, ltd., produces a toy called the maze. the company has recently established a standard cost system to control costs and has established the following standards for the maze toy: direct materials: 7 microns per toy at $0.30 per micron direct labor: 1.3 hours per toy at $7.10 per hour during july, the company produced 5,000 maze toys. production data for the month on the toy follow: direct materials: 80,000 microns were purchased at a cost of $0.28 per micron. 36,250 of these microns were still in inventory at the end of the month. direct labor: 7,000 direct labor-hours were worked at a cost of $52,500. required: 1. compute the following variances for july: (indicate the effect of each variance by selecting "f" for favorable, "u" for unfavorable, and "none" for no effect (i. e., zero variance). do not round intermediate calculations. round final answer to the nearest whole dollar.)
Answers: 2
Business, 22.06.2019 03:50, haydenbell269
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
Answers: 1
Business, 23.06.2019 02:30, chriscook1466
For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a
Answers: 3
Dawson toys, ltd., produces a toy called the maze. the company has recently established a standard c...
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