< Prev Next > Send to Gradebook 0.5/1 Question 10 View Policies Show Attempt History Current...
Send to Gradebook Next > 0.33/1 Question 9 View Policies Show Attempt History Current Attempt in Progress Your angwer is partially correct. . Simba Company's standard materials cost per unit of output is $9.68 (2.20 pounds x $4.40). During July, the company purchases and uses 2.970 pounds of materials costing $15,741 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to...
Send to Gradebook Next > Question 5 View Policies Current Attempt in Progress In October, Pine Company reports 21,300 actual direct labor hours, and it incurs $113,850 of manufacturing overhead costs. Standard hours allowed for the work done is 25,300 hours The predetermined overhead rate is $4.25 per direct labor hour. Compute the total overhead variance. Total Overhead Variance $ e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook Nect>
Question 4 View Policies Current Attempt in Progress Mordica Company's standard labor cost per unit of output is $19.00 (1.90 hours x $10.00 per hour). During August, the company incurs 2,090 hours of direct labor at an hourly cost of $11.00 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, s. 52.75) Total labor variance Labor price variance 5 Labor quantity variance $ e Textbook and...
Send to Gradebook < Prev Next > 0.72/1 Question 2 View Policies Show Attempt History Current Attempt in Progress Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $326,772 for the year, and machine usage is estimated at 125,200 hours. For the year, $363,320 of overhead costs are incurred and 132,000 hours are used. ✓ Your answer is correct. Compute the manufacturing overhead rate for the year. (Round answer...
Send to Gradebook < Prev Next > Question 3 View Policies Current Attempt in Progress Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect materials Utilities $1.00 0.90 0.40 Fixed overhead costs per month are Supervision $3,700, Depreciation $1.700, and Property Taxes $800. The company believes it will normally operate in a range of 5,700-9,300 direct labor hours per month Assume...
Send to Gradebook < Prev I Next > --/18 Question 2 View Policies Current Attempt in Progress Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.10 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.70 pounds. Materials cost $5 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer. Freight costs average $0.45 per pound. Direct labor. Each unit...
Send to Gradebook < Prev Next > Question 20 --/1 View Policies Current Attempt in Progress An aging of a company's accounts receivable indicates that $14400 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1160 credit balance, the adjustment to record bad debts for the period will require a O debit to Allowance for Doubtful Accounts for $13240. O credit to Allowance for Doubtful Accounts for $14400. O debit to Bad Debt Expense for $14400. debit...
Send to Gradebook < Prev Next > Question 21 --/1 View Policies Current Attempt in Progress port An aging of a company's accounts receivable indicates that $15500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1180 credit balance, the adjustment to record bad debts for the period will require a debit to Allowance for Doubtful Accounts for $14320 O credit to Allowance for Doubtful Accounts for $15500. Odebit to Bad Debt Expense for $14320. debit to...
Send to Gradebook Question 3 View Policies Current Attempt in Progress Simba Company's standard materials cost per unit of output is $11.75 (2.50 pounds x $4.70). During July, the company purchases and uses 3,300 pounds of materials costing $17490 in making 1.200 units of finished product. Compute the total price and quantity materials variances. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to decimal places, eg. 52.) Total materials variance Materials price variance $ Materials...
WP = FA19 ACC202-31885-Young > Assignments > Chapter 11 Homework Chapter 11 Homework 2019 Fall Term Account Home e Textbook Send to Gradebook < Prev Next > Dashboard Modules Grades Question 4 --/10 Courses Wiley Accounting Weekly Updates View Policies Current Attempt in Progress Calendar Discussions Conferences Mordica Company's standard labor cost per unit of output is $33.00 (3.00 hours x $11.00 per hour). During August, the company incurs 3,960 hours of direct labor at an hourly cost of $12.10...