Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Bowser Products operates a small plant in New Mexico that produces dog food in batches of 1,200 pounds. The product sells for $4 per pound. Standard costs for 2012 are:Standard direct labor cost = $16 per hourStandard direct labor hours per batch = 9 hoursStandard price of material A = $0.25 per poundStandard pounds of material A per batch = 900 poundsStandard price of material B = $0.45 per poundStandard pounds of material B per batch = 300 poundsFixed overhead cost per batch = $500At the start of 2012, the company estimated monthly production and sales of 50 batches.The company estimated that all overhead costs were fixed and amounted to $25,000 per month. During the month of June 2012 (typically a somewhat slow month), 40 batches were produced (not an unusual level of production for June).The following costs were incurred:Direct labor costs were $6,800 for 400 hours.36,500 pounds of material A costing $7,300 were purchased and used.12,000 pounds of material B costing $5,520 were purchased and used.Fixed overhead of $24,400 was incurred.
Required:
a. Calculate variances for material, labor, and overhead.
b. Prepare a summary of the variances. Does the unfavorable overhead volume variance suggest that overhead costs are out of control?
Davis Company manufactures used parts in production of widgets. When 10,000 items are produced, the costs per unit are:
On January 1, 2013, Van Company had a balance of $800,000 in its Bonds Payable account. During 2013, Van issued bonds with a $300,000 face value.
Oakwood Company produces maple bookcases to customer order
Discuss opinions on lobbying regarding if it is useful and should continue as is, if it should continue but with constraints to limit how much is done, or it should be eliminated.
Is the managers proposed action in the best interest of shareholders?
What is the company reporting about near term trends in revenue/growth/earnings?
What client mix will maximize Spencer's monthly commissions, assuming he works 200 hours per month - what are the activity - cost driver rates for the supervision of direct labor, machine maintenance, and facility rent.
The market price and replacing it with new Low-cost debt
1.LM Enterprises produces a single part for sale
maria chavez owns a catering company that serves food and beverages at parties and business functions. chavezs business
James Co. has two divisions,A and B,each operate as a profit center.A charges B $35 per unit for each unit transferred to B. Other data for A are below:
What would the price and P/E ratio be if the firm paid out all earnings as dividends? What do you conclude about the relationship between growth opportunities and P/E ratios?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd