Claremont company specializes in selling refurbished copiers

Assignment Help Accounting Basics

Reference no: EM131023393

13) Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance.

Direct materials standard (6 lbs. @ $2/lb.)	$12 per finished unit
Actual direct materials used	285,350 lbs.
Actual finished units produced	47,000 units
Actual cost of direct materials used	$568,200

$2,500 unfavorable.

$4,200 unfavorable.

$2,500 favorable.

$6,700 unfavorable.

$4,200 favorable.

14) Claremont Company specializes in selling refurbished copiers. During the month, the company sold 175 copiers at an average price of $2,900 each. The budget for the month was to sell 170 copiers at an average price of $3,100. The expected total sales for 175 copiers were.

$507,500.

$542,500.

$493,000.

$527,000.

$549,000.

15) The following information describes a company's usage of direct labor in a recent period. The direct labor rate variance is:

Actual hours used	41,000
Actual rate per hour	$ 14.00
Standard rate per hour	$ 13.00
Standard hours for units produced	43,000

$41,000 unfavorable.

$26,000 favorable.

$15,000 unfavorable.

$41,000 favorable.

$26,000 unfavorable.

Reference no: EM131023393

Questions Cloud

Automated manufacturing systems : Why manufacturing firms will always try to go for automated manufacturing systems?

What was the effect of this decline in exports on real gdp : What was the dollar value of the decline in real exports between the second quarter of 2008 and the first quarter of 2009? If the multiplier is 2, holding everything else constant, what was the effect of this decline in exports on real GDP?

Prompts users to enter the number of students : Write a Java application that accomplishes the following tasks: Prompts users to enter the number of students and their names in this course. Displays the total number of students in the class and their names.

Compute nominal gdp for 2000 and 2001 : Assume that all grapes in this economy are used to make wine. Compute nominal GDP for 2000 and 2001 - Find the GDP Deflator for 2000 and 2001 on a 100-point scale.

Claremont company specializes in selling refurbished copiers : Claremont Company specializes in selling refurbished copiers. During the month, the company sold 175 copiers at an average price of $2,900 each.

Routable and non-routable protocols : What is the difference between routable and non-routable protocols?What is the purpose of collision domain and how does it work in an Ethernet network?

Calculate the real interest rate : If you bought the one-year Treasury bill in May 2012, calculate the real interest rate you earned over the following 12-month period. Given the results of your calculation, why were investors willing to buy Treasury bills in May 2012?

Write a research paper about care priorities : Write a Research Paper about Care Priorities. Discuss the implications of demographic trends in the Australian population in relation to the ageing population and their health care.

What is the purpose of a network operations center : What is the purpose of a Network Operations Center (NOC)?Your company is using P2P technology to distribute software. Where is this software stored?Name at least three products that are often called flavors of UNIX.

User Account

All Pages