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Question - Bowie Sporting Goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:
Direct material of 4.00 yards at $5.80 per yard
Direct labor of 2.50 hours at $17.00 per hour
Overhead applied per sleeping bag at $19.00
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $5.10 per yard. The labor used was 11,700 hours at an average rate of $18.50 per hour. The actual overhead spending was $96,200.
Determine the labor rate variance and round to the nearest whole dollar. Enter a favorable variance as a positive number. Enter an unfavorable variance as a negative number. Enter as a whole number (no cents).
Production throughout the year, the weekly payroll entry would include a debit to which of the following accounts for the vacation pay portion of the entry?
John Martin, now retired, owns the Corner Barber Shop. Compute price per haircut John should have charged in June to earn $2,160 in after-tax operating profits.
Calculate the earnings of workers under Halsey plan, Halsey Weir plan & Rowan plan Standard time 36 hours; Actual time 30 hours; Rate per hour Rs.10
What did Roberto, the customer service representative, do correctly? What What could he have done better? What could the customer have done
what factor should Bronson inc consider in determined whether it should be make or buy the ink cartiage ; give reason.
Dividend declared and paid are: P60,000, P75,000 and P80,000 for the month of July, August and September, Prepare the Direct Materials Budget
Record the costs incurred, and complete the job order cost sheet. Comment on the reasons for the variances between actual costs and estimated costs.
The company expects a 25% increase in the cost of oak and a 5% decrease in the cost of screws. What is the new standard cost per table
At the start of the new month, What percentage should the company increase the sales price if it still wants to achieve the same monthly profit?
Identify a business research topic and define the research questions for the identified problem or opportunity
Marketing and administrative expenses were fixed and totalled $20,000 each year. Make an income statement for each year
During income year he purchased 25,000 inventories from suppliers for $625,000 and sold 15,000 of them for $600,000. Calculate taxable income for income year
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