Reference no: EM132591074
Harvey Inc. manufactures Product S for national distribution. The standard costs for the manufacture of Product S is as follows:
Standard Costs Actual Costs
Direct materials 1,500 pounds at $35 1,600 pounds at $32
Direct labor 4,800 hours at $11 4,500 hours at $11.80
Factory overhead Rates per labor hour,
based on 100% of normal
5,500 labor hours:
Variable costs $2.40 $12,300 variable cost
Fixed costs, $3.50 $19,250 fixed cost
Question 1: Determine the controllable variance, volume variance, and total factory overhead cost variance for Product
What is the margin of safety as a percent of sales
: Henderson Co. has fixed costs of $22,000 and a contribution margin ratio of 22%. If expected sales are $125,000, what is margin of safety as a percent of sales
|
What cost of goods sold is closest to
: What Cost of Goods Sold (before any under/over applied overhead adjustment) is closest to and The amount of Materials applied to WIP is closest to
|
What share of the company would sbi caps require today
: What share of the company would SBI caps require today if their required rate of return was 50%? What are the pre money and post valuations
|
Write the full electron configuration
: Write the full electron configuration for a neutral aluminum atom.
|
Determine controllable variance and total factory cost
: Harvey Inc. manufactures Product S,Determine the controllable variance, volume variance, and total factory overhead cost variance for Product
|
How much revenue does minarski electronics recognize
: How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly
|
7094MAA Global Engineering Strategy Assignment
: 7094MAA Global Engineering Strategy Assignment Help and Solution, Coventry University - Assessment Writing Service - business performance and competitive
|
How find the quantity variance
: How Determine the quantity variance, price variance, and total direct material cost variance for Product S.Determine the time variance, rate variance
|
What is the pressure in atmospheres of the gas
: What is the pressure in atmospheres of the gas remaining in the flask? Ignore the volume of solid NH4Cl produced by the reaction.
|