What JJ Company direct materials efficiency variance was

Assignment Help Managerial Accounting
Reference no: EM132521407

Point 1: J.J. Company uses a standard costing system in the manufacture of its single product. The 35,000 units of raw material purchased and used cost $105,000, and two units of raw material are required to produce one unit of final product. In November, the company produced 12,000 units of product. The flexible budget for materials was $60,000, and there was an unfavorable static budget variance of $35,000.

Question 1: J.J. Company's direct materials efficiency variance was

Reference no: EM132521407

Questions Cloud

Canadian broadcasting corporation broadcasts : Vancouver shortwave radio transmitter CKZU of the Canadian Broadcasting Corporation broadcasts at a frequency of 6160 kHz.
What J Company standard price for one unit of material is : What J Company standard price for one unit of material is? J.J. Company uses a standard costing system in the manufacture of its single product.
What is the current along the transmission line : When the generator supplies the station's transformer with a current of 52.2 A, what is the current along the transmission line? Show your work.
Describe memory imaging tool used in windows memory forensic : Memory forensics is an important form of cyber investigation that allows a digital investigator to identify unauthorized and unusual activity on a computer.
What JJ Company direct materials efficiency variance was : What J.J. Company direct materials efficiency variance was? J.J. Company uses a standard costing system in the manufacture of its single product.
Search engines are monster sized databases : Explain how you believe a company such as Google or Microsoft can improve their search technology by starting with improving their database.
What is the value of g on planet : She finds that the pendulum makes 100 complete swings in 136x. What is the value of g on this planet?
Coefficient of kinetic friction between the block and plane : The block is pulled with a force F = 15 N inclined 25 ° with the plane surface. The coefficient of kinetic friction between the block and the plane is 0.20.
Do research on service-oriented architecture : Do research on service-oriented architecture (SOA) and find three different images/diagrams that represent its functions and features.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd