Reference no: EM131130303
Accelerator, Inc. manufactures a fuel additive called surge. Surge sells for $44 per container and the company produces and sells 80,000 containers per month. The company has established the following standards for each container of surge produced: standard quantity standard price direct materials 8 gallons $2.00 per gallon direct labor 1.25 hours $8.00 per hour The following information is available for surge for the month of September:
1. 645,000 gallons of chemicals were purchased at a cost of $1,161,000. 600,000 gallons were used in the production of surge during September.
2. 94,000 direct labor hours were worked during September at a cost of $759,520.
Calculate the direct labor efficiency variance for September. If the variance is favorable, enter an F after your number with a space between the number and the F (i.e., 10,000 F). If the variance is unfavorable, enter a U after your number with a space between the number and the U (i.e., 10,000 U). Do not use decimals in your answer.
|
Inwhat way does monopolistic competition resemble monopoly
: Why is the difference between monopolistic competition and monopoly important for consumer welfare in our intra-industry trade model?
|
|
What risks might a company encounter when encouraging
: Tom Chappell created a spiritual framework for Tom's of Maine, a family-owned business. Can such a framework be created for a publicly traded company? What differences might there be in its effects?
|
|
Short-term loans that charge very high interest rates
: Payday loans are very short-term loans that charge very high interest rates. You can borrow $500 today and repay $580 in two weeks. What is the compounded annual rate implied by this 16 percent rate charged for only two weeks?
|
|
A production manager at the company
: 1. Jack is a production manager at the company XYZ which manufactures the brake petals for a bicycle. Annual production quantity for the petals is 12K, and average cycle time for production is 2 months for a petal.
|
|
Calculate the direct labor efficiency variance
: Accelerator, Inc. manufactures a fuel additive called surge. Surge sells for $44 per container and the company produces and sells 80,000 containers per month. The company has established the following standards for each container of surge produced: C..
|
|
Transformation and an additional narrative prompt
: Two personal narrative essays: Transformation and an additional narrative prompt - Reflective essay relating to an interview with a family member from your country and family tree
|
|
Beckett organics john beckett enjoys vegetables
: Case Study - Beckett Organics John Beckett enjoys vegetables, so much so that he has given up his full-time job as a lawyer to concentrate on growing and marketing organic vegetables. He started growing vegetables 20 years ago in his back garden a..
|
|
Find the beta of each stock
: Consider the following two scenarios for the economy and the returns in each scenario for the market portfolio, an aggressive stock A, and a defensive stock D. Rate of Return Scenario Market Aggressive Stock A Defensive Stock D Bust −8% −10% −6% Boom..
|
|
Conduct an attack within the united states
: Conduct an attack within the United States, and complete an in-depth profile on the organization In 5-7 pages (double-spaced,) provide a narrative explaining the organization's origins, ideology, goals & objectives.
|