During March the laboratory performed 2,000 core tests. The following events occurred during March: 8,600 pounds of sand were purchased at a cost of $7,310. 7,200 pounds of sand were used for core tests. 840 actual direct labor hours were worked at a cost of $8,610. The direct material usage variance for March is: A. $900 favorable B. $1,950 favorable C. $1,950 unfavorable D. $900 unfavorable

Solution:

1. The materials price variance for March

Price Variance [.85 *8,600 lbs= $7310 ) - $.75*8,600 lbs =$6,450 ]

The materials price variance for March is $860 U

2. The materials quantity variance for March is:

Quantity Variance $75*7200=$5,400 - $.75 *(3x2000)=$4,500

The materials quantity variance for March is = $900 U

3.The labor rate variance for March is: actual cost $8,610 - $12*840 hrs = $10,080

The rate variance for March = -$1,470 F

4.The labor efficiency variance for March is:[$12* 840 hrs = $10,080) - $12*(.4*2000) hrs = $9,600]

Labor efficiency variance $10,080-$9,600= $480 u

CHASE

ADD 36000+20,000 24,000+16,000=96,000

96,000/40,000

2.4 HOURS PER UNIT

7. 42,000 * 3.6 = 151,200

8. 8 40,000 X 3.6 - 42,000 X 3.6

144,000 - 151,200 = 7,200 F15/

5. The variable overhead efficiency variance for March is:

Spending variance ($9 p/hr*840 hrs = $7,560) - ($9 p/hr *(.4 *2000 test total) =$7,200)

Efficiency variance for March $7,560-$7,200=$3609.

The average operating assets amounted to:

Turnover = Sales ¸ Average operating assets

Average operating assets = Sales / Turnover= $900,000 / 1.5 = $600,000

answer; according to the ( irs );

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.