A b c d question 12 a favourable materials price

This preview shows page 5 - 8 out of 10 pages.

A.B.C.D.the purchase of lower-than-standard-quality materials.product mix production changes.machine efficiency problemslabour efficiency problems.QUESTION 12A favourable materials price variance coupled with an unfavourable materials usage variancewould most likely result from:0.75 pointsSave Answer
QUESTION 13The following information summarizes the standard cost for producing one metal tennisracket frame at Spaulding Industries. In addition, the variances for one month's productionare given. Assume that all inventory accounts have zero balances at the beginning of themonth.StandardStandardCostCostPer UnitPer UnitStandardStandardMonthlyMonthlyCostsCostsMaterials$4.00$8,400Direct Labour 2 hrs.@ $2.605.2010,920Factory Overhead:Variable1.803,780Fixed5.0010,500$16.00$33,6001.25 pointsSaved
2019/1/23上午12(59Take Test: Multiple Choice Test 4 – CRS.124868.2018.SSVariances:Variances:Material price244.75 unfavourableMaterial quantity500.00 unfavourableLabour rate520.00 favourableLabour efficiency2,080.00 unfavourableWhat were the actual direct labour hours worked during the month?
6໚页(共10໚页)…100633_1&course_id=_1403370_1&content_id=_3957264_1&step=nullQUESTION 15The following information summarizes the standard cost for producing one metal tennisracket frame at Spaulding Industries. In addition, the variances for one month's production1.25 pointsSave Answer
QUESTION 14The following information summarizes the standard cost for producing one metal tennisracket frame at Spaulding Industries. In addition, the variances for one month's productionare given. Assume that all inventory accounts have zero balances at the beginning of themonth.StandardStandardCostCostPer UnitPer UnitStandardStandardMonthlyMonthlyCostsCostsMaterials$4.00$8,400Direct Labour 2 hrs.@ $2.605.2010,920Factory Overhead:Variable1.803,780Fixed5.0010,500$16.00$33,600Variances:Variances:Material price244.75 unfavourableMaterial quantity500.00 unfavourableLabour rate520.00 favourableLabour efficiency2,080.00 unfavourableWhat was the actual quantity of materials used during the month?1.25 pointsSaved
2019/1/23上午12(59Take Test: Multiple Choice Test 4 – CRS.124868.2018.SS7໚页(共10໚页)…100633_1&course_id=_1403370_1&content_id=_3957264_1&step=null

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 10 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
One
Professor
N/A
Tags
Variance, Direct material price variance

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture