Examlex

Solved

Cayman Designs Makes Chair Cushions

question 7

Essay

Cayman Designs makes chair cushions.The standard direct materials quantity is 1 kilogram per cushion at a cost of $2.50 per kilogram.The actual results for the production of 20,000 cushions was 1.25 kilograms per cushion, at a cost of $2.40 per kilogram.Calculate the direct materials input rate variance and the direct materials efficiency variance.


Definitions:

Stage

A specific phase or period in a process of development or progression.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Group Support

The assistance, encouragement, and backing provided by group members to each other.

Cohesion

The degree to which members of a group or team are united in pursuing common goals and how well they bond with each other.

Related Questions