Business, 15.01.2020 06:31 FlowerChild5037
Taylor enterprises purchased 56,000 pounds (cost = $420,000) of direct material to be used in the manufacture of the company's sole product. according the production specifications, each completed unit requires five pounds of direct material at a standard cost of $7.80 per pound. direct materials consumed by the end of the period totaled 53,500 pounds in the manufacture of 10,900 finished units.
an examination of taylor's payroll records revealed that the company worked 22,000 labor hours (cost = $319,000) during the period, and specifications called for each completed unit requiring two hours of labor at a standard cost of $14.80 per hour.
assume that the company computes variances at the earliest point in time.
taylor's direct-labor efficiency variance was:
a. $2,900f
b. $2,900u
c. $2,960f
d. $2,960u
e. none of the answers are correct.
Answers: 1
Another question on Business
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
Business, 22.06.2019 03:20
Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.
Answers: 3
Business, 22.06.2019 08:30
What has caroline's payment history been like? support your answer with two examples
Answers: 3
Business, 22.06.2019 22:00
What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?
Answers: 2
You know the right answer?
Taylor enterprises purchased 56,000 pounds (cost = $420,000) of direct material to be used in the ma...
Questions
Computers and Technology, 15.02.2020 01:18
Computers and Technology, 15.02.2020 01:18
