Business, 14.10.2020 14:01 triciamarler
Bronfenbrenner Co. uses a standard cost system for its single product in which variable overhead is applied on the basis of direct labor hours. The following information is given: Standard costs per unit: Raw materials (1.5 grams at $16 per gram) Direct labor (0.75 hours at $8 per hour) Variable overhead (0.75 hours at $3 per hour) Actual experience for current year: Units produced Purchases of raw materials (21,000 grams at $17 per gram) .. Raw materials used Direct labor (16,750 hours at $8 per hour) Variable overhead cost incurred Required: $24.00 $6.00 $2.25 22,400 units $357,000 33,400 grams $134,000 $48,575 Compute the following variances for raw materials, direct labor, and variable overhead, assuming that the price variance for materials is recognized at point of purchase: a. Direct materials price variance. b. Direct materials quantity variance. c. Direct labor rate variance. d. Direct labor efficiency variance. e. Variable overhead spending variance. f. Variable overhead efficiency variance. g. As a manager, why is variance analysis important
Answers: 2
Business, 21.06.2019 16:10
Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 2
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 1
Bronfenbrenner Co. uses a standard cost system for its single product in which variable overhead is...
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