Answers
--On basis of qty purchased
Material Price Variance |
||||||
( |
Standard Rate |
- |
Actual Rate |
) |
x |
Actual Quantity |
( |
$ 3.00 |
- |
$ 2.90 |
) |
x |
10800 |
1080 |
||||||
Variance |
$ 1,080.00 |
Favourable-F |
--On basis of qty used
Material Price Variance |
||||||
( |
Standard Rate |
- |
Actual Rate |
) |
x |
Actual Quantity |
( |
$ 3.00 |
- |
$ 2.90 |
) |
x |
9720 |
972 |
||||||
Variance |
$ 972.00 |
Favourable-F |
Material Quantity Variance |
||||||
( |
Standard Quantity = 1080 units x 5.6 pounds |
- |
Actual Quantity used |
) |
x |
Standard Rate |
( |
6048 |
- |
9720 |
) |
x |
$ 3.00 |
-11016 |
||||||
Variance |
$ 11,016.00 |
Unfavourable-U |
UL. Suffolk University in B... on.com omework Set A Search and select to P Ouiz Two...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 5.60 pounds 0.40 hours Standard Price or Rate $3.00 per pound $7.00 per hour Standard Cost $16.80 $ 2.80 Direct materials Direct labor During the most recent month, the following activity was recorded: a. Ten thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound. b....
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Standard Price Standard Hours Cost or Rate 5.60 pounds Direct materials $3.00 per pound $7.00 per hour $16.80 $2.80 Direct labor 0.40 hours During the most recent month, the following activity was recorded: a. Ten thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound. b. The...
Mail-Patricia Feza Mu anewconnect.mheducation.com Chapter 10 Homework.. Suffolk University in B. Chapter 10 Homework Set Search and Select to P Quiz Two Prep-19FA Ssed Off thece Saved 5 Help Save& E Ch Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: 2 points Standard Quantity or Bours 7.40 pounds $2.30 per pound 0.90 hours Standard Price Standard Cost $17.02 7.65 Direct materials Direct labor...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 6.00 pounds $ 2.30 per pound $ 13.80 Direct labor 0.50 hours $ 10.00 per hour $ 5.00 During the most recent month, the following activity was recorded: Eleven thousand pounds of material were purchased at a cost of $2.10 per pound. All...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Please help me correct my error, provide me the way to do it too if possible: Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost $16.25 5.75 Direct materials...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 4.6 pounds $ 2.50 per pound $ 11.50 Direct labor 0.2 hours $ 12.00 per hour $ 2.40 During the most recent month, the following activity was recorded: Twenty thousand pounds of material were purchased at a cost of $2.35 per pound. The...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below. Standard Quantity of Hours Direct materials Direct labor 7.0 pounds 0.4 hours Standard Price of Rate $ 3.00 per pound $14.00 per hour Standard Cost $21.00 S 5.60 During the most recent month, the following activity was recorded a. Thirteenthousand six hundred pounds of material were purchased at a cost of $2.90 per pound b....
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours 6.6 pounds 0.4 hours Standard Price or Rate S 3.00 per pound $12.00 per hour Standard Cost $19.80 S 4.80 Direct materials Direct labor During the most recent month, the following activity was recorded: a. Twelve thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound....
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Price Standard Quantity or Hours Standard Cost or Rate E Direct materials Direct labor 6.1 pounds $2.50 per pound $15.25 0.5 hours $9.50 per hour $ 4.75 During the most recent month, the following activity was recorded: Eleven thousand eight hundred pounds of material were purchased at a cost of $2.40 E' per pound....
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Standard Price Quantity or Hours Standard or Rate $ 2.50 per pound $14.50 per hour Cost 7.10 pounds 0.50 hours Direct materials Direct labor $17.75 $ 7.25 During the most recent month, the following activity was recorded: a. Thirteen thousand eight hundred pounds of material were purchased at a cost of $2.40 per pound....