subject
Business, 15.02.2020 00:34 rina62

Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one unit of Fruta:
Standard Quantity Standard Price
or Rate Standard Cost
Direct materials 1.5 pounds $ 6.00 per pound $ 9.00
Direct labor 0.6 hours $ 12.00 per hour 7.20
Variable manufacturing overhead 0.6 hours $ 2.50 per hour 1.50
$ 17.70
During June, the company recorded this activity related to the production of Fruta:
a. The company produced 3,000 units during June.
b. A total of 8,000 pounds of material were purchased at a cost of $46,000.
c. There was no beginning inventory of materials; however, at the end of the month, 2,000 pounds of material remained in ending inventory.
d. The company employs 10 persons to work on the production of Fruta. During June, they worked an average of 160 hours at an average rate of $12.50 per hour.
e. Variable manufacturing overhead is assigned to Fruta on the basis of direct labor-hours. Variable manufacturing overhead costs during June totaled $3,600.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 14:40
Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.
Answers: 3
question
Business, 22.06.2019 21:00
Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?
Answers: 1
question
Business, 22.06.2019 23:40
Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%
Answers: 1
question
Business, 23.06.2019 03:00
If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of
Answers: 2
You know the right answer?
Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has...
Questions
question
Mathematics, 13.04.2020 17:01
question
Arts, 13.04.2020 17:01
question
History, 13.04.2020 17:01