Business, 30.07.2020 03:01 OGxSniperGodx

Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 70 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: SHOW WORK!! Standard wage per hr. $15.00 Standard labor time per faucet 35 min. Standard number of lbs. of brass per faucet 2.5 lbs. Standard price per lb. of brass $2.40 Actual price per lb. of brass $2.30 Actual lbs. of brass used during the week 11,800 lbs. Number of faucets produced during the week 4,780 Actual wage per hr. $15.50 Actual hours for the week (70 employees x 36 hours) 2,520 A. What is the standard cost per unit for direct materials? B. What is the standard cost per unit for direct labor? C. What is the Direct Materials Price Variance? Favorable or unfavorable (Circle one) D. What is the Direct Materials Quantity Variance? Favorable or unfavorable (Circle one) E. What is the Direct Labor Rate Variance? Favorable or unfavorable (Circle one) F. What is the direct Labor Time Variance? Favorable or unfavorable (Circle

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 12:50

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

Answers: 1

Answer

Business, 23.06.2019 01:00

The notarial evidence form is completed by

Answers: 2

Answer

Business, 23.06.2019 02:20

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

Answers: 1

Answer

Business, 23.06.2019 02:30

Suppose a starbucks tall latte cost $4.00 in the united states, 5.00 euros in the euro area and $2.50 australian dollars in australia. nominal exchange rates are .80 euros per dollar and 1.4 australian dollars per u.s. dollar. where does purchasing power parity hold? a. both the euro area and australia. b. neither the euro area or australia. c. the euro area but not australia. d. australia but not the euro area.

Answers: 1

Answer

You know the right answer?

Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are ma...

Questions

Engineering, 14.06.2021 20:20

Thiết bị trao đổi dạng ống lồng ống, nước chuyển động trong ống với lưu lượng G2 = 10 kg/s, nhiệt độ nước vào t'2 = 10 ° c và nhiệt độ nước ra t"2 = 3...