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Unformatted text preview: to help the bottom line by spreading fixed costs over more units. 15-27. (20 min.) Variable Cost Variances: T-Star, Inc. a Standard labor wage rate = (Actual Direct Labor Direct Labor Price Variance) Actual hours worked = ($182,000 $6,500) 13,000 hrs. = $13.50 15-32. (20 min.) Fixed Cost Variances: Lihue Corporation 15-34. (30 min.) Comprehensive Cost Variance Analysis: Three Bridges, Inc. a. Variable cost variances: a 39,600 = 0.20 hours x 198,000 changes. b 33,000 = 1/6 hour x 198,000 changes. c 16,500 = 1/12 hour x 198,000 changes. b. Fixed overhead variances:...
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This note was uploaded on 11/13/2008 for the course ACCT 305 taught by Professor Franz during the Spring '07 term at S.F. State.
- Spring '07
- Cost Accounting