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Question;81.;Europa Company manufactures only one product. Presented below is direct labor;information for November.;The direct labor;flexible-budget variance is;A.;$26,624.00 unfavorable.;B.;$31,948.80 unfavorable.;C.;$39,936.00 favorable.;D.;$71,884.80 favorable.;E.;$103,833.60 favorable.;82. Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The actual;direct materials purchase price per kilogram is;A.;$11.80.;B.;$11.96.;C.;$12.04.;D.;$12.20.;E.;$12.50.;83. Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The actual total;cost of direct materials used in production is;A.;$458,068.;B.;$459,862.;C.;$461,132.;D.;$462,938.;E.;$478,400.;84.Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The direct;materials usage variance for December is;A.;$1,800 unfavorable.;B.;$1,800 favorable.;C.;$59,400 unfavorable.;D.;$59,400 favorable.;85. Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The direct labor;rate variance for December is;A.;$1,590 favorable.;B.;$5,650 favorable.;C.;$7,790 unfavorable.;D.;$24,410 unfavorable.;E.;$59,410 unfavorable.;86. Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The direct labor;efficiency variance for December is;1;$1,590 favorable.;2;$5,650 favorable.;3;$7,240 unfavorable.;4;$59,410 unfavorable.;87. Shade;Company adopted a standard cost system several years ago. The standard costs;for direct labor and direct materials for its single product are as follows;Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5;hours x $20.00 per hour) = $70.00/unit. All materials were issued at the;beginning of processing. The operating data shown below were taken from the;records for December;The direct labor;flexible-budget variance of the period is;A.;$1,590 favorable.;B.;$5,650 unfavorable.;C.;$7,040 unfavorable.;D.;$9,830 unfavorable.;88.;Kennedy Inc. has the following data for its operation in August;What was the;actual purchase price per unit?;A.;$3.35.;B.;$3.40.;C.;$3.72.;D.;$3.80.;E.;$3.85.;89.;Kennedy Inc. has the following data for its operation in August;What was the;direct materials usage variance in August?;A.;$180 unfavorable.;B.;$360 unfavorable.;C.;$540 favorable.;D.;$540 unfavorable.;E.;$720 unfavorable.;90.;Matinna Co. maintains no inventories and has the following data pertaining to;one of its direct materials in July;All materials;purchased during the month were issued to production. What was the direct;materials purchase-price variance for July?;A.;$1,500 favorable.;B.;$3,000 unfavorable.;C.;$3,000 favorable.;D.;$7,500 unfavorable.;E.;$7,500 favorable.;91.;Matinna Co. maintains no inventories and has the following data pertaining to;one of its direct materials in July;What was the;company's direct materials flexible-budget (FB) variance for July?;A.;$1,500 favorable.;B.;$3,000 unfavorable.;C.;$3,000 favorable.;D.;$7,500 unfavorable.;E.;$7,500 favorable.;92.;Prokp;Co.'s records for April disclosed the following data relating to direct labor;Prokp's standard;direct labor rate per hour in April was;A.;$16.00.;B.;$18.00.;C.;$20.00.;D.;$24.00.;E.;$26.67.;93.;Prokp Co.'s records for April disclosed the following data relating to direct;labor;Prokp's total;standard direct labor hours for units produced in April were;A.;890.;B.;900.;C.;1,000.;D.;1,100.;E.;1,110.;94.;Prokp Co.'s records for April disclosed the following data relating to direct;labor;Prokp's total;standard direct labor cost for the output in April was;A.;$17,600.;B.;$21,600.;C.;$22,400.;D.;$24,000.;E.;$26,400.;95.;Marv Company's direct labor costs for manufacturing its only product were as;follows for October;The direct labor;efficiency variance for October was;A.;$3,000 unfavorable.;B.;$20,000 favorable.;C.;$23,000 favorable.;D.;$30,000 unfavorable.;E.;$50,000 unfavorable.;96.;Marv Company's direct labor costs for manufacturing its only product were as;follows for October;The direct labor;rate variance for October was;A.;$3,000 unfavorable.;B.;$20,000 favorable.;C.;$23,000 favorable.;D.;$30,000 unfavorable.;E.;$50,000 unfavorable.;97.;Marv Company's;direct labor costs for manufacturing its only product were as follows for;October;The total direct;labor variance for October was;A.;$7,000 unfavorable.;B.;$9,000 favorable.;C.;$9,000 unfavorable.;D.;$32,000 favorable.;E.;$54,000 unfavorable.;98.;Mandy Company has the following direct labor costs last month;What was Mandy's;standard direct labor rate per hour?;A.;$43.20.;B.;$45.60.;C.;$48.00.;D.;$52.20.;99.;Mandy Company has the following direct labor costs last month;What was Mandy's;actual direct labor rate per hour?;A.;$43.20.;B.;$45.60.;C.;$48.00.;D.;$52.20.;E.;$54.00.;100.;Mandy Company has the following direct labor costs last month;What was Mandy's;direct labor rate variance?;A.;$15,120 unfavorable.;B.;$20,880 unfavorable.;C.;$23,490 unfavorable.;D.;$42,480 favorable.

 

Paper#44931 | Written in 18-Jul-2015

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