What is the standard price for bleach?
Homework Answers
Add Answer to:
What is the standard price for bleach?
Window Cleaner (ammonia) Floor Cleaner (bleach) 27 oz. ?...
Squeaky Clean produces commercial strength cleansing supplies. Two of its main products are window cleanser that...
Squeaky Clean produces commercial strength cleansing supplies. Two of its main products are window cleanser that uses ammonia, and floor cleanser that uses bleach. Information for the most recent period follows: Product Names Window Cleaner(ammonia) Floor Cleaner(bleach) Direct materials information Standard ounces per unit 16 oz. 24 oz. Standard price (SP) per ounce $ 0.25 ? Actual quantity (AQ) used per unit 20 oz. 22 oz. Actual price (AP) paid for material $ 1.75 $ 0.72 Actual quantity purchased (AQP)...
Steel Plastic Product Names Direct materials information Standard pounds per unit Standard Price (SP) per pound...
Steel Plastic Product Names Direct materials information Standard pounds per unit Standard Price (SP) per pound Actual Quantity (AQ) used per unit Actual Price (AP) paid for material Actual Quantity Purchased (AQP) and used Price variance Quantity variance Flexible budget variance Number of units produced 2 lb. $3.25 1.5 lbs. $1.50 2,000 lbs. ? $650 U ? 400 2.5 lb. ? 3.5 lbs. $2.00 1,100 lbs. $1,232 F ? $726 F 575 What is the direct material quantity variance for...
what is the standard direct material price per pound for the plastic in the dolls Tommy's...
what is the standard direct material price per pound for the
plastic in the dolls
Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and plastic for the past year follows: Product Names Steel Plastic pri Direct materials information ma Standard pounds per unit 3 lb. 1.5 lb. $1 Standard Price (SP) per pound $3.00 Actual Quantity (AQ) used...
Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture...
Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and plastic for the past year follows: Product Names Steel Plastic Direct materials information Standard pounds per unit 1 lb. 0.5 lb. Standard Price (SP) per pound $2.75 ? Actual Quantity (AQ) used per unit 3.0 lbs. 1.00 lb. Actual Price (AP) paid for material $1.75 $1.75 Actual Quantity Purchased...
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price...
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 5.4 ounces $ 3.00 per ounce $ 16.20 Direct labor 0.7 hours $ 12.00 per hour $ 8.40 Variable overhead 0.7 hours $ 9.00 per hour $ 6.30 The company reported the following results concerning this product in June. Originally budgeted output 4,200 units Actual output 4,200 units Raw materials used in production 20,400 ounces Purchases...
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price...
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 5.4 ounces $ 3.00 per ounce $ 16.20 Direct labor 0.5 hours $ 12.00 per hour $ 6.00 Variable overhead 0.5 hours $ 9.00 per hour $ 4.50 The company reported the following results concerning this product in June. Originally budgeted output 4,200 units Actual output 4,200 units Raw materials used in production 20,400 ounces Purchases...
Standard Standard Price Quantity (Rate) Silver 0.30 oz. $21.00 per oz. Crystals 3.00 $0.30 crystal Direct...
Standard Standard Price Quantity (Rate) Silver 0.30 oz. $21.00 per oz. Crystals 3.00 $0.30 crystal Direct labor 2.00 hrs. $10.00 per hr. Standard Unit Cost $ 6.30 0.90 20.00 During the month of January, Crystal Charm made 1,510 charms. The company used 428 ounces of silver (total cost of $9.416) and 4,580 crystals (total cost of $1,282.40), and paid for 3,270 actual direct labor hours (cost of $31,065.00). Required: 1. Calculate Crystal Charm's direct materials variances for silver and crystals...
Oddo Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price...
Oddo Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials 2.0 ounces $6.00 per ounce $12.00 Direct labor 0.6 hours $12.00 per hour $7.20 Variable overhead 0.6 hours $4.50 per hour $2.70 The company reported the following results concerning this product in December. Originally budgeted output 6,400 units Actual output 6,200 units Raw materials used in production 9,600 ounces Actual direct labor-hours 3,920 hours Purchases of...
Kyler Company uses a standard cost system. Job 822 is for the manufacturing of 300 units...
Kyler Company uses a standard cost system. Job 822 is for the manufacturing of 300 units of the product P521. The company's standards for one unit of product P521 are as follows: Quantity Price Direct material 7 ounces $ 4 per ounce Direct labor 1 hours $ 9 per hour Requirements (a) Determine the direct material price variance for job 822 based on the actual quantity of materials used. (b) Determine the direct material quantity variance for job 822 based...
Oddo Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Cost...
Oddo Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Cost Per Unit Standard Price or Rate Direct Materials Direct Labor Variable Overhead 3.0 ounces 0.7 hours 0.7 hours $7.00 per ounce $20.00 per hour $5.00 per hour $21.00 $14.00 $ 3.50 The company reported the following results concerning this product in December: Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials...
Steel Plastic Product Names Direct materials information Standard pounds per unit Standard Price (SP) per pound Actual Quantity (AQ) used per unit Actual Price (AP) paid for material Actual Quantity Purchased (AQP) and used Price variance Quantity variance Flexible budget variance Number of units produced 2 lb. $3.25 1.5 lbs. $1.50 2,000 lbs. ? $650 U ? 400 2.5 lb. ? 3.5 lbs. $2.00 1,100 lbs. $1,232 F ? $726 F 575 What is the direct material quantity variance for...
what is the standard direct material price per pound for the
plastic in the dolls
Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and plastic for the past year follows: Product Names Steel Plastic pri Direct materials information ma Standard pounds per unit 3 lb. 1.5 lb. $1 Standard Price (SP) per pound $3.00 Actual Quantity (AQ) used...
Standard Standard Price Quantity (Rate) Silver 0.30 oz. $21.00 per oz. Crystals 3.00 $0.30 crystal Direct labor 2.00 hrs. $10.00 per hr. Standard Unit Cost $ 6.30 0.90 20.00 During the month of January, Crystal Charm made 1,510 charms. The company used 428 ounces of silver (total cost of $9.416) and 4,580 crystals (total cost of $1,282.40), and paid for 3,270 actual direct labor hours (cost of $31,065.00). Required: 1. Calculate Crystal Charm's direct materials variances for silver and crystals...
Kyler Company uses a standard cost system. Job 822 is for the manufacturing of 300 units of the product P521. The company's standards for one unit of product P521 are as follows: Quantity Price Direct material 7 ounces $ 4 per ounce Direct labor 1 hours $ 9 per hour Requirements (a) Determine the direct material price variance for job 822 based on the actual quantity of materials used. (b) Determine the direct material quantity variance for job 822 based...
Oddo Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Cost Per Unit Standard Price or Rate Direct Materials Direct Labor Variable Overhead 3.0 ounces 0.7 hours 0.7 hours $7.00 per ounce $20.00 per hour $5.00 per hour $21.00 $14.00 $ 3.50 The company reported the following results concerning this product in December: Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials...
Most questions answered within 3 hours.
-
What is meant by a “term premium”?
What can explain such a premium? Is it a...
asked 1 hour ago -
23. Which molecule has only covalent bonds? A. CO2 B. Al2O3 C.
Mg3N2
24. The octet...
asked 1 hour ago -
the
total pressure for a mixture of N2O4 and NO2 is 2.20 atm. If Kp=
7.10...
asked 1 hour ago -
Delaware Corp. prepared a master budget that included $22,385
for direct materials, $28,600 for direct labor,...
asked 1 hour ago -
For pesticide HCB (hexachlorobenzene), its logarithmic partition
coefficient log Kow is 5.6. What would be the...
asked 1 hour ago -
A chemist requires 0.422 mil Na2CO3 for a reaction. How many
grams does this correspond to?
asked 1 hour ago -
If the vapor pressure of carvone is approximately 9.4 torr at 99
°C, approximately how much...
asked 2 hours ago -
A juice bottling company is carrying out a test at 10%
significance that the mean population...
asked 2 hours ago -
What is the reflectivity (in percent) needed to keep water at a
temperature near its freezing...
asked 2 hours ago -
Suppose that the average surface temperature of Earth is 300K.
Assume this is uniform over its...
asked 2 hours ago -
Draw the condensed structural formula for alkenes and alkynes or
the line-angle structural formula for cycloalkenes...
asked 2 hours ago -
M. Laing has suggested a new arrangement of the periodic table
(J.Chem.Ed.1989, 66,
746). Answer the following...
asked 2 hours ago