Business, 18.12.2019 00:31 tjeffers90028
Exercise 9.14 direct materials and direct labor variances zoller company produces a dark chocolate candy bar. recently, the company adopted the following standards for one bar of the candy: direct materials (6.3 oz. $0.20) $1.26 direct labor (0.08 hr. @$18000 1.44 standard prime cost $2.70 during the first week of operation, the company experienced the following actual results a. bars produced: 143,000. b. ounces of direct materials purchased: 901,200 ounces at $0.21 per ounce. c. there are no beginning or ending inventories of direct materials. d. direct labor: 11,300 hours at $17.30 required instructions for part 1 and 2: if a variance is zero, enter "0" and select "not applicable" from the drop down box 1. compute price and usage variances for direct materials. s select your answer materials price variance select your answer materials usage variance 2. compute the rate variance and the efficiency variance for direct labor. u- select your answer labor rate variance labor efficiency variance select your answer tu
Answers: 2
Business, 21.06.2019 14:50
Which of the following is the most direct cause of cost-push inflation? a. rising production costs. b. reductions in wages. c. greater scarcity of natural resources. d. increasing supply of goods and services. 2b2t
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Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
Exercise 9.14 direct materials and direct labor variances zoller company produces a dark chocolate c...
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