Stonegate Company the Following Information Is Available for Stonegate Company for the for the Current

question 139

Essay

Stonegate Company
The following information is available for Stonegate Company for the current year:
Standard:
Material X: 3.0 pounds per unit @ $4.20 per pound
Material Y: 4.5 pounds per unit @ $3.30 per pound
Class S labor: 3 hours per unit @ $10.50 per hour
Class US labor: 7 hours per unit @ $8.00 per hour
Actual:
Material X: 3.6 pounds per unit @ $4.00 per pound (purchased and used)
Material Y: 4.4 pounds per unit @ $3.25 per pound (purchased and used)
Class S labor: 3.8 hours per unit @ $10.60 per hour
Class US labor: 5.7 hours per unit @ $7.80 per hour
Stonegate Company produced a total of 45,750 units.
Refer to Stonegate Company.Compute the material price,mix,and yield variances (round to the nearest dollar).

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Definitions:

Reference Source Documents

Original documents that provide evidence and details of business transactions, used for accounting and auditing purposes.

On-line Banking

The provision of banking services over the internet, allowing users to conduct financial transactions remotely.

Transaction Speed

The rate at which a financial transaction is processed from initiation to completion.

Convenience

The quality or state of being convenient, especially in terms of ease of access or use, often used in marketing to describe consumer products or services.