ACC11 - 11-9 AQ * AP AQ * SP SQ * SP Price Variance =...

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1. 15 gallons per container * 4 quarts per gallon = 60 qts of echol per container Shipping cost $130/100 containers per shipment = $1.3/15 gallon container $115 * .98 discount = $112.70 discounted price per container $112.70 + $1.30 = $114 shipped price per container / 60 qts = $1.90/qt of echol 2. 7.6 quarts of echol per bottle * 1.05 loss due to evaporations and spillage + (7.6/41) for recjection of every 41 st bottle = 8.17 quarts of echol per bottle rounded 3. $1.9/qt * 8.17 qt/bottle = $16.53/bottle of echol 11-8 1. AQ X AP - Price Variance - AQ X SP - Quantity Variance - SQ X SP 20,000 lbs * $2.35/lb – 20,000 lbs * $2.50/lb – 18,400 lbs * $2.50lb $47,000 – $50,000 – $46,000 Price variance = $3,000 Favorable Quantity Variance = $4,000 unfavorable 2. AH * AR – AH * SR – SH*SR 750 hours * $13.90/hr – 750 hours * $12.00/hr -800 hrs * $12.00/hr $10,425 - $9000 - $9600 DLR Variance = $1,425 Unfavorable Efficiency Variance = $600 Favorable
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Unformatted text preview: 11-9 AQ * AP AQ * SP SQ * SP Price Variance = 20,000 * $2.35 20,000 * $2.50 = $3,000 Quantity Variance = 14,750 * $2.50 13,800 * $2.50 = $36,875 - $34,500 = $2,375 11-10 1. 18 minutes/unit * 20,000 units = 360,000 minutes/ 60 min/hour = 6000 Standard DLH * $12.00/hour = = $72,000 $73,600 - $72,000 = There s a $1,600 unfavorable cost difference 2. AQ * SR 5,750 * $12.00 = $69,000 Rate Variance = $73,600 - $69,000 = $4,600 unfavorable rate variance Efficiency Variance = $72,000 - $69,000 = $ 3,000 favorable efficiency variance 3. $21,850 5,750 hrs * $4.00/dlh 6,000 hrs * $4.00/dlh $21,850 - $23,000 - $24,000 Rate variance = $1,150 unfavorable Efficiency variance - $1,000 favorable 11-11 1. Actual AH * STD Rate Std 145 hours $8.40/hr 145 hours $9.00/hr 125 hours $9.00/hr $1218 $1305 $1125 Rate Variance = $87 F Efficiency Variance = $180 U Total variance = $93 U 145 hours were actually worked...
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This note was uploaded on 01/23/2012 for the course MGT 111 taught by Professor Unknown during the Spring '11 term at Washington State University .

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ACC11 - 11-9 AQ * AP AQ * SP SQ * SP Price Variance =...

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