Business, 15.08.2020 21:01 Daisysolis136
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
Actual Cost Standard Cost
Direct material 3,900 lbs. $5.30 4,000 lbs. $5.10
Direct labor 6,200 hrs, $8.40 6,000 hrs. $8.70
Determine the following variances:
Materials Variances
Actual cost:
Split cost:
Standard cost:
A. Materials price
B. Materials efficiency
Labor Variances
Actual cost:
Split cost:
Standard cost:
C. Labor rate
D. Labor efficiency
Answers: 3
Business, 21.06.2019 13:00
Fern corporation manufacturers a single product that has a selling price of $20.00 per unit. fixed expenses total $48,000 per year, and the company must sell 6,000 units to break even. if the company has a target profit of $14,000, sales in units must be:
Answers: 1
The following actual and standard cost data for direct material and direct labor relate to the produ...
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