Examlex
The following data for the Prender Company pertain to the production of 800 urns during August.
Direct Materials (all materials purchased were used):
Standard cost: $4.80 per pound of urn.
Total actual cost: $4,480.
Standard cost allowed for units produced was $4,800.
Materials efficiency variance was $96 unfavorable.
Direct Manufacturing Labor:
Standard cost is 2 urns per hour at $19.20 per hour.
Actual cost per hour was $19.60.
Labor efficiency variance was $288 favorable.
Required:
a.What is standard direct material amount per urn?
b.What is the direct material price variance?
c.What is the total actual cost of direct manufacturing labor?
d.What is the labor price variance for direct manufacturing labor?
Relaxed
A state or condition of being free from tension, stress, or anxiety, often associated with a calm and peaceful environment or demeanor.
Unworried
Pertains to a state of not being anxious or concerned.
Conscientiousness
A personality trait characterized by organization, dependability, and a strong sense of duty.
Dependable
Capable of being relied upon; trustworthy and reliable in terms of consistency and performance.
Q31: Kaizen budgeting encourages dramatic improvements and substantial
Q58: The benefit of engaging lower level management
Q82: If the company's fixed overhead spending variance
Q91: Which of the following is true of
Q138: North Street Corporation manufactures two models of
Q149: Crimson Services, Inc., employs 8 individuals. They
Q157: The cost function y = 2,700 +
Q179: Lincoln Corporation used the following data to
Q183: Kaiser Company just hired its fourth production
Q185: A packaging department is most likely a