Homework Answers
Direct labor efficiency variance = (Actual hours * Standard rate) - (Standard hours * Standard rate)
= (200 * $15) - [(75*3) * $15]
= $3,000 - $3,375
= $375 Favorable
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s COmeciors for high-speed Internet connections MetaPro has budgeted three hours of direct labor per connector,...
BotNet Systems is a start-up company that makes connectors for high-speed Internet connections. BotNet has budgeted...
BotNet Systems is a start-up company that makes connectors for high-speed Internet connections. BotNet has budgeted three hours of direct labor per connector ata standard cost of $15 per hour. During August, technicians actually worked 190 hours completing 80 connectors. All 80 connectors actually produced were sold. BotNet paid the technicians $15.80 per hour What is BotNet's direct labor efficiency variance for August? O A. 5790.00 F OB. 5598.00 F OC. $3,002.00 F OD. $750.00 F Click to select your...
Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet Systems...
Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet Systems has budgeted three hours of direct labor per connector, at a standard cost of $15 per hour. During August, technicians actually worked 192 hours completing 72 connectors. All 72 connectors actually produced were sold. Cybernet paid the technicians $15.80 per hour What is Cybernef's direct labor cost variance for August? OA. $5760 U O B. $172.80 U O C. $206 40 U O D. $153.60...
FastNet Systems is a start-up company that makes connectors for high-speed Internet connections Fastiet Systems has...
FastNet Systems is a start-up company that makes connectors for high-speed Internet connections Fastiet Systems has budgeted three hours of direct laber per connector at a standard cost of 516 per hour. During August, technicians actually worked 192 hours completing 76 connectors Al 76 connectors actually produced were sold. Fastel paid the technicians 516 80 per hour What is FastNet's direct labor cost variance for August? O A $60 BOU OB. 515360 U OC. $422.40 U OD. 5162.40 U
ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has...
ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $150 for each connector and fxed costs of $5,500 per month ExpertNef's static budget predicted production and sales of 100 conneclors in August, but the company actually produced and sold only 72 connectors at a total cost of $26,000. ExpertNets total fledble budget cost for 72 connectors per month is OA $10,800 OB. $15,000 O C. $16,300 OD. $26,000
BotNet Systems is a state company that makes connectors for high speed Internet connections. The company...
BotNet Systems is a state company that makes connectors for high speed Internet connections. The company has budgeted variable costs of $115 for each connector and predicted production and sales of 100 connectors in August, but the company actual produced and sold only 78 connectors at a total cost of $18.000 costs of 57.000 per mon Bo n but BotNet's flexible budget variance for total costs is OASE OB. $2,030 U OC 52,530 OD. $2.030 F
Java Pro Systems is a startup company that makes connectors for high speed Internet connections. The...
Java Pro Systems is a startup company that makes connectors for high speed Internet connections. The company has budgeted variable costs of $110 for each connector and fixed costs of $4,500 per month Java Pro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 79 connectors at a total cost of $28,000 JavaPro's flexible budget variance for total costs is O A 52.310U OBL 514.810 F OC. $14310U OD 52.310...
Applet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has...
Applet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $150 for each connector and foed costs of $9,500 per month Applet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 74 connectors at a total cost of $28,000 Applet's sales volume variance for total costs is O A. $7.400 F B. $3,900F OC. 57.4000 OD. $3.900 Click to select...
MajorNet Systems is a start-up company that makes connectors for high speed intamet connections. The company...
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Absolute Systems allocates manufacturing overhead based on machine hours. Each connector should require 5 machine hours....
Absolute Systems allocates manufacturing overhead based on machine hours. Each connector should require 5 machine hours. According to the static budget, Absolute expected to incur the following (Click the icon to view the static budget information) During August, Absolute actually used 500 machine hours to make 120 connectors and spent $5,000 in variable manufacturing costs and 58,000 in fored manufacturing overhead costs Calculate the variable overhead efficiency variance for Absolute More info O A. $7,000 F OB. 55,000 OC. 53,000...
Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Standard Quantity or Hours...
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BotNet Systems is a start-up company that makes connectors for high-speed Internet connections. BotNet has budgeted three hours of direct labor per connector ata standard cost of $15 per hour. During August, technicians actually worked 190 hours completing 80 connectors. All 80 connectors actually produced were sold. BotNet paid the technicians $15.80 per hour What is BotNet's direct labor efficiency variance for August? O A. 5790.00 F OB. 5598.00 F OC. $3,002.00 F OD. $750.00 F Click to select your...
Cybernet Systems is a start-up company that makes connectors for high-speed Internet connections. Cybernet Systems has budgeted three hours of direct labor per connector, at a standard cost of $15 per hour. During August, technicians actually worked 192 hours completing 72 connectors. All 72 connectors actually produced were sold. Cybernet paid the technicians $15.80 per hour What is Cybernef's direct labor cost variance for August? OA. $5760 U O B. $172.80 U O C. $206 40 U O D. $153.60...
FastNet Systems is a start-up company that makes connectors for high-speed Internet connections Fastiet Systems has budgeted three hours of direct laber per connector at a standard cost of 516 per hour. During August, technicians actually worked 192 hours completing 76 connectors Al 76 connectors actually produced were sold. Fastel paid the technicians 516 80 per hour What is FastNet's direct labor cost variance for August? O A $60 BOU OB. 515360 U OC. $422.40 U OD. 5162.40 U
ExpertNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $150 for each connector and fxed costs of $5,500 per month ExpertNef's static budget predicted production and sales of 100 conneclors in August, but the company actually produced and sold only 72 connectors at a total cost of $26,000. ExpertNets total fledble budget cost for 72 connectors per month is OA $10,800 OB. $15,000 O C. $16,300 OD. $26,000
BotNet Systems is a state company that makes connectors for high speed Internet connections. The company has budgeted variable costs of $115 for each connector and predicted production and sales of 100 connectors in August, but the company actual produced and sold only 78 connectors at a total cost of $18.000 costs of 57.000 per mon Bo n but BotNet's flexible budget variance for total costs is OASE OB. $2,030 U OC 52,530 OD. $2.030 F
Java Pro Systems is a startup company that makes connectors for high speed Internet connections. The company has budgeted variable costs of $110 for each connector and fixed costs of $4,500 per month Java Pro's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 79 connectors at a total cost of $28,000 JavaPro's flexible budget variance for total costs is O A 52.310U OBL 514.810 F OC. $14310U OD 52.310...
Applet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $150 for each connector and foed costs of $9,500 per month Applet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 74 connectors at a total cost of $28,000 Applet's sales volume variance for total costs is O A. $7.400 F B. $3,900F OC. 57.4000 OD. $3.900 Click to select...
MajorNet Systems is a start-up company that makes connectors for high speed intamet connections. The company has budgeted variable costs of $145 for each connector and fed costs of budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 4 connectors at a total cost of $21.000 Majoret Systems's managers could set direct labor standards based on Opera Ma state O A time and motion studies OB benchmarking OC. continuous improvement OD....
Absolute Systems allocates manufacturing overhead based on machine hours. Each connector should require 5 machine hours. According to the static budget, Absolute expected to incur the following (Click the icon to view the static budget information) During August, Absolute actually used 500 machine hours to make 120 connectors and spent $5,000 in variable manufacturing costs and 58,000 in fored manufacturing overhead costs Calculate the variable overhead efficiency variance for Absolute More info O A. $7,000 F OB. 55,000 OC. 53,000...
Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit Standard Quantity or Hours 2.50 ounces 0.50 hours 0.50 hours Standard Price or Rate $28.00 per ounce $13.00 per hour $ 3.60 per hour Standard Cost $ 70.00 6.50 1.80 $ 78.30 For the month of August, Yankee Distilling recorded the following activity related to the production of Ripit: a. Materials purchased, 13,500 ounces at a cost of $361,800. b. There was no beginning inventory of materials; however,...
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