Reference no: EM13341277
Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Specialty Polymers, Inc., processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 19,000 units of product were as follows:
Standard Costs Actual Costs
Direct materials 2,500 lbs. at $8.10
Direct labor 3,800 hrs. at $17.50
Factory overhead Rates per direct labor hr.,
Based on 100% of normal capacity of 3,900 direct labor hrs.:
Variable cost, 52.20 Fixed cost, 53.50
2,440 lbs. at $8.30 3,750 hrs. at $17.68
58,100 variable cost 513,650 fixed cost
Each unit requires 0.2 hour of direct labor.
Required:
a. Determine the price variance, quantity variance, and total direct materials cost variance. Use the minus sign to enter favorable variances as negative numbers.
b. Determine the rate variance, time variance, and total direct labor cost variance. Use the minus sign to enter favorable variances as negative numbers.
c. Determine variable factory overhead Controllable Variance, the fixed factory overhead volume variance, and total factory overhead cost variance. Use the minus sign to enter favorable variances as negative numbers.
|
Calculate the spring constant of the sphere with a charge
: A tiny sphere with a charge of q = +6.4 µC is attached to a spring. Two other tiny charged spheres, each with a charge of ?4.0-µC, are placed in the positions shown in the figure, in which b = 4.1 cm.
|
|
Calculate the final speed of the pin
: In order to convert a tough split in bowling, it is necessary to strike the pin a glancing blow, Calculate the final speed of the pin
|
|
The demand function for a certain make of ink-jet cartridge
: The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
|
|
Explain the arrow pushing mechanism for the reaction
: Compare and contrast the arrow pushing mechanism for the reaction of 2-chlorobutane with: a. AgNO3 and ethanol b. NaBr in acetone
|
|
Determine variable factory overhead controllable variance
: Determine variable factory overhead Controllable Variance, the fixed factory overhead volume variance, and total factory overhead cost variance. Use the minus sign to enter favorable variances as negative numbers.
|
|
Write a case study on lipid panels of the three subjects
: Write a case study on lipid panels of the three subjects below. Identify what the LDL, HDL, and triglycerides are for each and how they impact overall cardiovascular health.
|
|
What was the total impulse on the ball
: You drop a 12-g ball from a height of 1.5 m and it only bounces back to a height of 0.81m. What was the total impulse on the ball when it hit the floor
|
|
What is the horizontal distance x between the two balloons
: The two hot-air balloons in the drawing are 48.2 m and 61.0 m above the ground. A person in the left balloon observes that the right balloon is 13.3° above the horizontal.
|
|
Limitation of break-even analysis
: Plot the date of your answer to above inthe form contribution sales graph known as profit volume graph. and to comment on the result shown and state the break- even point.
|