subject
Business, 05.05.2020 17:36 raytaygirl

Radiance Clothing is a manufacturer of designer suits. The cost of each suit is the sum of three variable costs (direct material costs, direct manufacturing labor costs, and manufacturing overhead costs) and one fixed-cost category (manufacturing overhead costs). Variable manufacturing overhead cost is allocated to each suit on the basis of budgeted direct manufacturing labor-hours per suit. For June 2014, each suit is budgeted to take 5 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $10. The budgeted number of suits to be manufactured in June 2014 is 1,020. Actual variable manufacturing costs in June 2014 were $40,500 for 960 suits started and completed. There were no beginning or ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,500. Requirements 1. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manufacturing overhead. 2. Comment on the results. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manufacturing overhead.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Working with a word processor requires more than just a knowledge of typing. a good word processor includes a number of tools designed to aid in formatting documents to meet the needs of the reader. in this project you will use your word-processing skills and a basic knowledge of apa style to format a research paper. the skills you will need for this project include the following: adjusting line spacing (double-spacing) breaking text into pages (page break) centering text changing the font, style, and size of the text editing text inserting page numbers inserting a table using spell check
Answers: 1
question
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
question
Business, 23.06.2019 02:00
When the two countries did not specialize, the total production of jeans was 23 million pairs per month, and the total production of corn was 68 million bushels per month. because of specialization, the total production of jeans has increased by million pairs per month, and the total production of corn has increased by million bushels per month. because the two countries produce more jeans and more corn under specialization, each country is able to gain from trade?
Answers: 1
question
Business, 23.06.2019 07:00
Witch design elements is used to organize used to organize the text in orderly fashion?
Answers: 1
You know the right answer?
Radiance Clothing is a manufacturer of designer suits. The cost of each suit is the sum of three var...
Questions
question
English, 22.01.2021 04:00
question
Mathematics, 22.01.2021 04:00
Questions on the website: 13722365