Homework Answers
Labor efficiency variance
= (SH-AH) *SR
= (1500*2 - 7900)*33
= (3000-7900)*33
= 161,700 Unfavorable
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When auto manufacturer BMW purchased the Rolls-Royce brand name, BMW had to hire and train a...
When auto manufacturer BMW purchased the Rolls−Royce brand name, BMW had to hire and train a...
When auto manufacturer BMW purchased the Rolls−Royce brand name, BMW had to hire and train a new staff of assembly workers. The new workers were paid $23.00 per hour, worked a total of 8,700 hours, and produced 2,400 cars. BMW budgeted for a standard labor rate of $29.00 per hour and 2 direct labor hours per car. What is the direct labor rate variance for the Rolls−Royce division? A. $52,200 favorable B. $52,200 unfavorable C. $14,400 unfavorable D. $14,400 favorable
Belle Auto Detailing reported the following results for the past weekil Actual number of cars detailed...
Belle Auto Detailing reported the following results for the past weekil Actual number of cars detailed Actual direct labor hours used Actual total direct labor cost 420 $6.700 Budgeted number of cars to be detailed Standard direct labor cost per hour Standard direct labor per car 330 $6.05 What is Belle's direct labor rate variance? (Round intermediary calculations to two decimal places.) MALALA O A. $4,158 favorable O B. $4,158 unfavorable OC. $30,397 favorable OD. $30.397 unfavorable
Carol Lou, Inc. designs and manufactures fleece quarter-zip jackets. It sells its jackets to brand-name outdoor...
Carol Lou, Inc. designs and manufactures fleece quarter-zip jackets. It sells its jackets to brand-name outdoor Outfitters in lots of one dozen. Carol Lou's May 2017 static budget and actual results for direct inputs are as follows: E (Click the icon to view the data.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Calculate the direct materials and direct manufacturing labor price and efficiency variances in May 2017. What is the total flexible-budget variance for both...
Check my work 1 Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's...
Check my work 1 Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3.400 helmets, using 2,244 kilograms of plastic. The plastic cost the company $14,810. 1 According to the standard cost card, each helmet should require 0.60 kilograms of plastic, at a cost of $7.00 per kilogram. polnts Required: 1. What is the standard...
Belle Auto Detailing reported the following results for the past weekil Actual number of cars detailed Actual direct labor hours used Actual total direct labor cost 420 $6.700 Budgeted number of cars to be detailed Standard direct labor cost per hour Standard direct labor per car 330 $6.05 What is Belle's direct labor rate variance? (Round intermediary calculations to two decimal places.) MALALA O A. $4,158 favorable O B. $4,158 unfavorable OC. $30,397 favorable OD. $30.397 unfavorable
Carol Lou, Inc. designs and manufactures fleece quarter-zip jackets. It sells its jackets to brand-name outdoor Outfitters in lots of one dozen. Carol Lou's May 2017 static budget and actual results for direct inputs are as follows: E (Click the icon to view the data.) (Click the icon to view additional information.) Read the requirements. Requirement 1. Calculate the direct materials and direct manufacturing labor price and efficiency variances in May 2017. What is the total flexible-budget variance for both...
Check my work 1 Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3.400 helmets, using 2,244 kilograms of plastic. The plastic cost the company $14,810. 1 According to the standard cost card, each helmet should require 0.60 kilograms of plastic, at a cost of $7.00 per kilogram. polnts Required: 1. What is the standard...
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