Chapter 19 Assignment

Chapter 19 Assignment - 970x15.75-970x15.50 = \$242.50 U...

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Aaron New ACC 240 – Section 33858 November 14 2010 Chapter 19 assignment PE19-1) B PE19-2) Budgeted Cost Actual Cost Variance \$47,500 \$45,000 \$2,500 F PE19-3) B PE19-4) Standard cost of direct materials: 4x1.25= \$5.00 Standard cost of direct labor: 2.5x15.00 = \$37.50 Standard cost of variable manufacturing cost: 2.5x1.7= \$4.25 Standard cost of fixed manufacturing overhead: 2.5x0.50= \$1.25 Total standard cost per unit: 5+37.5+4.25+1.25= \$48.00 PE19-5) Material cost variance: (3-2.5) x15000= \$7,500 U PE19-7) Material quantity variance: 14x400-5500= 100 U PE19-9) Labor rate variance: AHxAR-AHxSR

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Unformatted text preview: 970x15.75-970x15.50 = \$242.50 U PE19-10) Labor efficiency variance: AHxSR-SHxSR 970x15.50-1000x15.50 = \$465.00 F PE19-15) 1) Sales price variance: AQxAP-AQxSP 500x (15-13) = \$1000 F 2) Sales volume variance: AQxSP-EQxSP (500-600) x13 = \$1300 U PE19-22) Materials price variance: AQxAP AQxSP 480000x(AP-.90) = Y Materials quantity variance: AQxSP SQxSP-20,000x.90= 18000 U Total material variance: Materials price variance + Materials quantity variance 10800 = 18000 + 480000AP - 432000 AP = 0.885 cents per pound...
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This note was uploaded on 10/16/2011 for the course ACC 240 taught by Professor Sidneyford during the Fall '10 term at Chandler-Gilbert Community College.

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Chapter 19 Assignment - 970x15.75-970x15.50 = \$242.50 U...

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