Business, 28.11.2019 02:31 dewonpruitt22
Marvel parts, inc., manufactures auto accessories. one of the company’s products is a set of seat covers that can be adjusted to fit nearly any small car. the company has a standard cost system in use for all of its products. according to the standards that have been set for the seat covers, the factory should work 1,075 hours each month to produce 2,150 sets of covers. the standard costs associated with this level of production are: total per set of covers direct materials $ 54,825 $ 25.50 direct labor $ 10,750 5.00 variable manufacturing overhead (based on direct labor-hours) $ 5,375 2.50 $ 33.00 during august, the factory worked only 800 direct labor-hours and produced 2,500 sets of covers. the following actual costs were recorded during the month: total per set of covers direct materials (12,500 yards) $ 58,750 $ 23.50 direct labor $ 13,000 5.20 variable manufacturing overhead $ 7,000 2.80 $ 31.50 at standard, each set of covers should require 3.0 yards of material. all of the materials purchased during the month were used in production. required: 1. compute the materials price and quantity variances for august. 2. compute the labor rate and efficiency variances for august. 3. compute the variable overhead rate and efficiency variances for august.
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Business, 22.06.2019 14:30
In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false
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Business, 22.06.2019 22:20
What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations
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Business, 22.06.2019 23:40
When randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he knew that sales were low and after talking to his employees, he found morale was also low. at first randy thought attitudes were poor due to low sales, but after working closely with employees, he realized that the poor attitudes were actually the cause of poor sales. randy was able to discover the cause of the problem by utilizing skills.
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Business, 23.06.2019 02:00
Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:
Answers: 2
Marvel parts, inc., manufactures auto accessories. one of the company’s products is a set of seat co...
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