Business, 14.07.2020 02:01 pum9roseslump

Tharaldson Corporation makes a product with the following standard costs:Standard Quantity or Hours Standard Price or Rate Standard Cost Per UnitDirect materials 6.3 ounces $ 2.00 per ounce $ 12.60Direct labor 0.4 hours $ 11.00 per hour $ 4.40Variable overhead 0.4 hours $ 6.00 per hour $ 2.40The company reported the following results concerning this product in June. Originally budgeted output 3,300 unitsActual output 2,600 unitsRaw materials used in production 21,300 ouncesPurchases of raw materials 22,400 ouncesActual direct labor-hours 470 hoursActual cost of raw materials purchases $ 42,000 Actual direct labor cost $ 13,300 Actual variable overhead cost $ 3,650 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The labor efficiency variance for June is:rev: 10_25_2017_QC_CS-106922Garrison 16e Rechecks 2017-10-31Multiple ChoiceA. $9,350 FB. $6,270 UC. $9,350 UD. $6,270 F

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 15:30

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?

Answers: 1

Answer

Business, 22.06.2019 20:10

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account

Answers: 3

Answer

Business, 23.06.2019 03:00

Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is

Answers: 1

Answer

Business, 23.06.2019 03:20

Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)

Answers: 3

Answer

You know the right answer?

Tharaldson Corporation makes a product with the following standard costs:Standard Quantity or Hours...

Questions