The standard costs and actual costs for direct materials for the manufacture of 2,640 actual units...
The standard costs and actual costs for direct materials for the manufacture of 2,640 actual units of product are as follows:
| Standard Costs | |
| Direct materials | 2,640 kilograms at $8.60 |
Actual Costs |
|
| Direct materials | 2,700 kilograms at $8.10 |
The direct materials quantity variance is
a.$516 unfavorable
b.$413 favorable
c.$516 favorable
d.$413 unfavorable
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The standard costs and actual costs for direct materials for the
manufacture of 2,640 actual units...
The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units...
The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units of product are Standard Costs 2,240 kilograms @$8.70 Direct materials Actual Costs Direct materials 2,300 kilograms @ $8.10 The amount of the direct materials quantity variance is a. $418 favorable Ob. $418 unfavorable Oc. $522 favorable Od. $522 unfavorable
A. The standard costs and actual costs for direct materials for the manufacture of 2,240 actual...
A. The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units of product are as follows: Standard Costs Direct materials 2,240 kilograms @$8.60 Actual Costs Direct materials 2,300 kilograms The direct materials quantity variance is? Choose the correct answer below $413 favorable $516 unfavorable $516 favorable $413 unfavorable B. The following data relate to direct labor costs for the current period: Standard costs 7,200 hours at $11.30 Actual costs 6,400 hours at $10.80 What...
The standard costs and actual costs for direct materials for the manufacture of 2,900 actual units...
The standard costs and actual costs for direct materials for the manufacture of 2,900 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms @$8.82 Actual Costs Direct materials Round your final answer to the nearest dollar. 2,900 kilograms @ $8.00 The amount of direct materials price variance is oa. $853 favorable ob. $2,378 favorable OC. $853 unfavorable od. $2,378 unfavorable
E Calculator The standard costs and actual costs for direct materials for the manufacture of 2,400...
E Calculator The standard costs and actual costs for direct materials for the manufacture of 2,400 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms @$8.77 Actual Costs Direct materials Round your final answer to the nearest dollar. 2,400 kilograms @ $8.00 The amount of direct materials price variance is a. $1,848 favorable b. $1,848 unfavorable c. $801 favorable d. $801 unfavorable
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of...
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours @ $11.80 Actual Costs Direct labor 7,400 hours @ $11.40 The direct labor time variance is a.$1,140 favorable b.$1,180 unfavorable c.$1,180 favorable d.$1,140 unfavorable
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of...
The standard costs and actual costs for direct labor in the manufacture of 2,500 units of product are as follows: Standard Costs Direct labor 7,500 hours at $11.80 Actual Costs Direct labor 7,400 hours at $11.40 The direct labor time variance is a.$1,180 favorable b.$1,140 favorable c.$1,180 unfavorable d.$1,140 unfavorable
Standard and actual costs for direct labor for the manufacture of 300 units of product were...
Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Actual costs 125 hours @ $54.00 Standard costs 131 hours @ $53.00 Determine the following: Enter favorable variances as negative numbers. a. Time variance सी b. Rate variance A c. Total direct labor cost variance -125 Unfavorable
The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of...
The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.76 per hour Variable overhead 3 hours per unit @ $2.02 per hour Actual Costs Total variable cost, $18,200 Total fixed cost, $8,100 The amount of the total factory overhead cost variance is a.$4,726 favorable b.$3,282 favorable c.$3,282 unfavorable d.$1,838 unfavorable
Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound Actual quantity...
Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound Actual quantity purchased Actual quantity used in production Units of product manufactured Materials purchase-price variance-favorable Budget data for the period: Units to manufacture Units of direct materials $ 7.15 3,100 pounds 3,000 pounds 770 $ 925 1,070 4,280 pounds The direct materials usage variance for the period, rounded to two decimal places, is: Ο $437.00 favorable. Ο $572.00 unfavorable. Ο $782.00 favorable. Ο $572.00 favorable. Ο...
Ruby Company produces a chair that requires 4 yards of material per unit. The standard price...
Ruby Company produces a chair that requires 4 yards of material per unit. The standard price of one yard of material is $12.80. During the month, 5,200 chairs were manufactured, using 21,000 yards at a cost of $12.16 per yard. Determine the following: Enter favorable variances as negative numbers. a. Price Variance $ b. Quantity Variance $ c. Cost Variance $ The standard costs and actual costs for direct materials for the manufacture of 2,020 actual units of product are...
The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units of product are Standard Costs 2,240 kilograms @$8.70 Direct materials Actual Costs Direct materials 2,300 kilograms @ $8.10 The amount of the direct materials quantity variance is a. $418 favorable Ob. $418 unfavorable Oc. $522 favorable Od. $522 unfavorable
A. The standard costs and actual costs for direct materials for the manufacture of 2,240 actual units of product are as follows: Standard Costs Direct materials 2,240 kilograms @$8.60 Actual Costs Direct materials 2,300 kilograms The direct materials quantity variance is? Choose the correct answer below $413 favorable $516 unfavorable $516 favorable $413 unfavorable B. The following data relate to direct labor costs for the current period: Standard costs 7,200 hours at $11.30 Actual costs 6,400 hours at $10.80 What...
The standard costs and actual costs for direct materials for the manufacture of 2,900 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms @$8.82 Actual Costs Direct materials Round your final answer to the nearest dollar. 2,900 kilograms @ $8.00 The amount of direct materials price variance is oa. $853 favorable ob. $2,378 favorable OC. $853 unfavorable od. $2,378 unfavorable
E Calculator The standard costs and actual costs for direct materials for the manufacture of 2,400 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms @$8.77 Actual Costs Direct materials Round your final answer to the nearest dollar. 2,400 kilograms @ $8.00 The amount of direct materials price variance is a. $1,848 favorable b. $1,848 unfavorable c. $801 favorable d. $801 unfavorable
Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Actual costs 125 hours @ $54.00 Standard costs 131 hours @ $53.00 Determine the following: Enter favorable variances as negative numbers. a. Time variance सी b. Rate variance A c. Total direct labor cost variance -125 Unfavorable
Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound Actual quantity purchased Actual quantity used in production Units of product manufactured Materials purchase-price variance-favorable Budget data for the period: Units to manufacture Units of direct materials $ 7.15 3,100 pounds 3,000 pounds 770 $ 925 1,070 4,280 pounds The direct materials usage variance for the period, rounded to two decimal places, is: Ο $437.00 favorable. Ο $572.00 unfavorable. Ο $782.00 favorable. Ο $572.00 favorable. Ο...
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