Business, 25.07.2020 20:01 elisechavez02

Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 80 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: SHOW WORK!! Standard wage per hr. $15.00 Standard labor time per faucet 30 min. Standard number of lbs. of brass per faucet 2 lbs. Standard price per lb. of brass $2.40 Actual price per lb. of brass $2.60 Actual lbs. of brass used during the week 11,350 lbs. Number of faucets produced during the week 4,700 Actual wage per hr. $16.50 Actual hours for the week (80 employees x 36 hours) 2,880 A. What is the standard cost per unit for direct materials? B. What is the standard cost per unit for direct labor? C. What is the Direct Materials Price Variance? Favorable or unfavorable (Circle one) D. What is the Direct Materials Quantity Variance? Favorable or unfavorable (Circle on

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 14:40

In the fall of 2008, aig, the largest insurance company in the world at the time, was at risk of defaulting due to the severity of the global financial crisis. as a result, the u.s. government stepped in to support aig with large capital injections and an ownership stake. how would this affect, if at all, the yield and risk premium on aig corporate debt?

Answers: 3

Answer

Business, 22.06.2019 15:10

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions

Answers: 3

Answer

Business, 22.06.2019 20:30

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.

Answers: 3

Answer

Business, 23.06.2019 01:00

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs

Answers: 1

Answer

You know the right answer?

Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets are ma...

Questions