Business, 05.11.2019 01:31 alexabessin
Prescott company employs a standard cost system in which direct materials inventory is carried at standard cost. the company has established the following standards for the prime costs of one unit of product: standard quantity standard price standard cost direct labor 2.6 hours $44.00/hour $114.40 direct materials 12.0 pounds $14.00/pound 168.00 during april, the company purchased 330,000 pounds of direct material at a total cost of $4,686,000. the total factory wages for june were $3,200,000, of which 90% was for direct labor. the company manufactured 25,000 units of product during april using 302,000 pounds of direct material and 64,000 direct labor hours. part (a) what is the price variance for the direct material acquired by the company during april? part (b) what is the direct material quantity variance for april? part (c) what is the direct labor rate variance for april? part (d) what is the direct labor efficiency variance for april?
Answers: 2
Another question on Business
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
Business, 22.06.2019 11:00
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
Business, 23.06.2019 01:00
Tariffs and quotas are often imposed when a government is more responsive to interests, and the benefits of those trade restrictions are often ; concentrated producer; widely dispersed consumer; widely dispersed consumer; concentrated
Answers: 3
You know the right answer?
Prescott company employs a standard cost system in which direct materials inventory is carried at st...
Questions
Mathematics, 11.10.2019 08:10
Social Studies, 11.10.2019 08:10
Computers and Technology, 11.10.2019 08:10
Mathematics, 11.10.2019 08:10
Business, 11.10.2019 08:10
Biology, 11.10.2019 08:10
History, 11.10.2019 08:10
Arts, 11.10.2019 08:10
English, 11.10.2019 08:10
Mathematics, 11.10.2019 08:10
History, 11.10.2019 08:10
