total materials variance | |||||
actual cost - standard cost | |||||
15,391 - 1100*10.32 | |||||
4039 | U | ||||
Materials price variance | |||||
(Actual rate - standard rate)*AQ | |||||
15,391 - 2904*4.30) | |||||
2903.8 | U | ||||
Materails Quantity variance | |||||
(AQ-SQ)*standard rate | |||||
(2904 - 1100*2.40)*4.30 | |||||
1135.2 | U | ||||
Brief Exercise 23-4 Simba Company's standard materials cost per unit of output is $10.32 (2.40 pounds...
Simba Company's standard materials cost per unit of output is $9.24 2.20 pounds x $4,20). During July, the company purchases and uses 2,376 pounds of materials costing $12,593 in making 1,200 units of finished product. Compute the total price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.. 52.) Total materials variance Unfavorable Materials price variance Unfavorable Materials quantity variance Favorable
Simba Company's standard materials cost per unit of output is $9.24 2.20 pounds x $4,20). During July, the company purchases and uses 2,376 pounds of materials costing $12,593 in making 1,200 units of finished product. Compute the total price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.. 52.) Total materials variance Unfavorable Materials price variance Unfavorable Materials quantity variance Favorable
Simba Company’s standard materials cost per unit of output is $10.12 (2.30 pounds x $4.40). During July, the company purchases and uses 2,898 pounds of materials costing $15,359 in making 1,400 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) Total materials variance Materials price variance Materials quantity variance
Simba Company’s standard materials cost per unit of output is $9.00 (2.00 pounds x $4.50). During July, the company purchases and uses 3,080 pounds of materials costing $16,632 in making 1,400 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) Total materials variance Materials price variance Materials quantity variance
Brief Exercise 25-5 Your answer is partially correct. Try again. Mordica Company's standard labor cost per unit of output is $18.00 (1.80 hours x $10.00 per hour). During August, the company incurs 1,710 hours of direct labor at an hourly cost of $9.50 per hour in making 1,000 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance Favorable Labor price variance Favorable Labor quantity variance Favorable...
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...
Brief Exercise 25-5 Mordica Company's standard labor cost per unit of output is $22.89 (2.10 hours x $10.90 per hour). During August, the company incurs 2,558 hours of direct laborat an hourly cost of $10.63 per hour in making 1,200 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance Labor price variance Labor quantity variance
Brief Exercise 23-5 Mordica Company’s standard labor cost per unit of output is $20.14 (1.90 hours x $10.60 per hour). During August, the company incurs 2,581 hours of direct labor at an hourly cost of $10.71 per hour in making 1,300 units of finished product. Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance $ FavorableNeither favorable nor unfavorableUnfavorable Labor price variance $ UnfavorableNeither favorable nor unfavorableFavorable Labor quantity variance...
Mordica Company's standard labor cost per unit of output is $33.32 (2.80 hours x $11.90 per hour), During August, the company incurs 3,695 hours of direct labor at an hourly cost of $12.38 per hour in making 1,300 units of finished product Compute the total, price, and quantity labor variances. (Round answers to 2 decimal places, e.g. 52.75.) Total labor variance Unfavorable Labor price variance Unfavorable Labor quantity variance Unfavorable
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...