The Following Information Comes from the Records of Dina Co

question 24

Essay

The following information comes from the records of Dina Co.for the current period.
a.Compute the direct materials price and quantity variances,direct labor rate and efficiency variances and state whether the variance is favorable or unfavorable.
b.Prepare the journal entries to charge direct materials and direct labor costs to goods in process and the materials and labor variances to their proper accounts.
Factory overhead (based on budgeted production of 24,500 units)
Variable overhead $2.25/direct labor hour
Fixed overhead $1.95/direct labor hour

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Definitions:

SSID

Service Set Identifier, a unique name given to a wireless network, allowing devices to connect to the intended network among multiple overlapping networks.

Ping Command

A diagnostic utility in networking that tests the reachability of a host on an Internet Protocol (IP) network and measures the round-trip time for messages sent from the original host.

IEEE 802.11n

A wireless networking standard that improves network throughput over the two previous standards—802.11a and 802.11g.

802.11ac

An IEEE wireless standard that uses the 5 GHz range and supports speeds up to 4.9 Gb/s.