Reference no: EM133086110
Questions -
Q1. Alum Corporation sells its product at $30 per unit. Unit variable cost is $22 and total fixed costs total to $100,000 per month. The company currently pays salaries of $40,000 per month but with no commission. It is considering a compensation plan whereby the salespeople would receive 5% commission based on sales, but their salaries would be decreased to $25,000 per month. At what sales level is the company indifferent between the two compensation plans?
Q2. Solo Company uses a standard cost system in accounting for the cost of its only product. The standard cost per unit (based on 10,000 units production) was set up as follows: Direct materials, 10 kgs at $11/kg.; Direct labor, 8 hours at $50 per hour; Factory overhead, 8 hours at $15 per hour. The following information on the operations appear in the company's record for the month of July: Units completed during the month; 8,000 units; units in process at the end of the month, with 100% materials but half completed, 1,000 units; Direct materials used, 95,000 kgs at $10 per kg; Direct labor, $3,510,000 at a rate of $54; Actual overhead for the month $985,000. What is the variable efficiency variance?
3. The standard product mix for making 12,500 tubes of alcohol is:
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Kilograms
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Cost Per Unit
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Total Cost
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Material A
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1,500
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$0.06
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$90
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Material B
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625
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0.40
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250
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Material C
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1,000
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0.25
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250
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In June, 77,500 tubes were produced from an input of:
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Kilograms
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Cost Per Unit
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Total Cost
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Material A
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8,750
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$0.056
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$490
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Material B
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3,750
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0.380
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1,425
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Material C
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6,250
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0.280
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1,750
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Calculate the materials yield variance.
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Compute the after-tax cost of the debenture
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What is the prepaid or accrued benefit cost at year-end
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How much is the company''s over-all break-even point
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Summarize the health care problem
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What is the variable efficiency variance
: Direct labor, $3,510,000 at a rate of $54; Actual overhead for the month $985,000. What is the variable efficiency variance
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Determine the annual ordering cost
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Define bioterrorism
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Women business property act of 1988
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Food processing in the human alimentary canal
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