The Standards for One Case of Saycheles Are

question 32

Essay

The standards for one case of Saycheles are:
During the week ended April 15, the following activity took place:
• 14,500 lbs. of raw material were purchased for inventory at a total cost of $81,200;
• 1,800 cases of finished product were produced;
• 13,680 lbs. of raw material were used;
• 7,380 labor hours were worked at an average rate of $13.40 per hour.Calculate each of the following variances:
(a.) Raw materials purchase price variance.(b.) Raw materials usage variance.(c.) Direct labor rate variance.(d.) Direct labor efficiency variance.(e.) Explain the factors that most likely caused the variances computed above.

---

Definitions:

Acknowledges

Acknowledges refers to the act of recognizing or admitting the existence, truth, or fact of something.

Passing Judgment

The act of forming an opinion or evaluation by discerning and comparing.

Respect

The act of showing consideration and appreciation for someone or something, often by acknowledging their qualities or viewing them in high regard.

Listening Skills

The ability to accurately receive and interpret messages in the communication process, essential for effective interpersonal interactions.