What is the direct materials cost variance for canary inc

Reference no: EM133610003

Question: Canary Inc., a footwear company, has a sector that produces flip-flops. It estimates that it will produce 800 flip-flops per month. The standard cost per unit to produce a flip-flop includes direct materials of $4.5, direct labor of $1.0, and factory overhead of $3.0. During the month of June, it produced 1,000 flip-flops for which it incurred $4,000 for direct material, $1,100 for direct labor, and $3,500 for factory overhead. What is the direct materials cost variance for Canary Inc.?

Reference no: EM133610003

Questions Cloud

Writing any fancy code to find the appropriate cell location : Writing any fancy code to find the appropriate cell location. By inserting a blank row into the register before pasting a new row, you can enter new data

Explain gap in market that new hospital attempts to solve : Explain the gap in the market that the new hospital attempts to solve. Include an industry / competitor overview.

What tensions notice between women of different and classes : The New York Times' article, 141 Men and Girls Die in Waist Factory Fire (121-123), what tensions did you notice between women of different races and classes?

Does the artifact accurately represent the concepts : Does the artifact accurately represent the concepts or theories we are learning? Yes, the artifact accurately represents the concepts we are learning.

What is the direct materials cost variance for canary inc : which it incurred $4,000 for direct material, $1,100 for direct labor, and $3,500 for factory overhead. What is the direct materials cost variance for Canary

What is likely causing continued difficulties between them : Jake and Sammy still had difficulty working together despite being friends before things broke down. What is likely causing the continued difficulties between

How the funding the early intervention program for infants : Detail how this funding the Early Intervention Program for Infants and Toddlers with Disabilities promotes inclusivity. use and cite one credible resource.

Importance of repeat customers : Starbucks realizes the importance of repeat customers and has taken a number of steps to satisfy and to attract regular visitors to their stores.

Calculate the inventory turnover for this inventory : Calculate the inventory turnover for this inventory. Show your work. Beginning Inventory $8,500 Ending Inventory $8,750 Revenue $100,000 Cost of Goods Sold

User Account

All Pages