Reference no: EM1350233
Beta Company produces two products, A and B, each of which uses materials X and Y. The following unit standard costs apply:
Material X Material Y Direct Labor
Product A 4 lbs @ $13 1 lb @ $8.50 1/5 hr @ $14
Product B 6 lbs @ $13 2 lbs@ $8.50 1/3 hr @ $14
During November, 4,200 units of A and 3,600 units of B were produced. Also, 39,000 pounds of X were purchased at $12.40 per pound and 11,000 pounds of Y were purchased at $8.70 per pound: all of these materials (but no other materials) were used for the month's production. This production required 2,025 direct labor-hours at $13.60 per hour.
Required:
a. Calculate the material price and usage variances for the month.
b. Calculate the labor rate and efficiency variances for the month.
c. How would your answers to (a) and (b) change if you had been told the November's planned production activity was 4,000 units of A and 4,000 units of B?
d. How would your answers to (a) and (b) change if you had been told that November' sales were 4,000 units of A and 3,500 units of B?
|
Calculating the temperature of earth''s atmosphere
: Two parallel rods are each 0.50 m in length. They are attached at their centers to either end of the spring (spring constant = 150 N/m) that is initially neither stretched nor compressed.
|
|
Types of aggression prevalent in the workplace violence
: Briefly describe the types of aggression that are prevalent in the workplace violence. Then, briefly describe the theories that might best explain the types of aggression found in workplace setting, applying the theories to specific examples.
|
|
Fundamental managerial accounting concepts
: Explain the effect of undercosting or overcosting on profitability. Explain ratio analysis and their purpose. Do you think that all of the ratio analysis is necessary, if not, please explain.
|
|
Implementable wlan design solution for office
: Give a most implementable WLAN design solution for office with 20 wireless employees, using WLAN capable laptops to access email, Internet, small accounting applications.
|
|
Production and cost variances analysis
: Beta Company produces two products, A and B, each of which uses materials X and Y. The following unit standard costs apply: Calculate the material price and usage variances for the month. Calculate the labor rate and efficiency variances for the mont..
|
|
Which policy do you believe would be more effective
: Which policy do you believe would be more effective in the short term for accomplishing these goals.
|
|
Controversial evolutionary perspective
: David Buss (1989, 2003) has proposed a controversial evolutionary perspective to describe the process of mate selection. Critically analyze this evolutionary perspective.
|
|
The total of the monthly cash payments
: Dixon Corporation incurs a 30-year $700,000 mortgage liability in conjunction with its purchase of a candy factory. This mortgage is payable in equal monthly payments of $3,758 which include interest computed at an annual rate of 5 percent.
|
|
Find the change in entropy of the surrounding air
: An electric motor rotating a workshop grinding wheel at a rate of 107 rev/min is switched off. Assume the wheel has the constant negative angular acceleration of magnitude 1.70 rad/s2.
|