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Question;61.;Information;concerning Johnston Co.'s direct materials costs was as follows;The actual;purchase price per pound is;A.;$6.12.;B.;$6.15.;C.;$6.50.;D.;$6.75.;E.;$7.13.;62.;Information concerning Johnston Co.'s direct materials costs was as follows;The direct;materials usage variance is;A.;$307.50 unfavorable.;B.;$307.50 favorable.;C.;$322.50 unfavorable.;D.;$322.50 favorable.;E.;$532.50 favorable.;63.;Norio Manufacturing uses;powdered plastics (PPS) to manufacture a high-pressure board used in digital;equipment, Flex 10. Information concerning its operation in June was as;follows;The actual;purchase price per pound of PPS used is;A.;$5.20.;B.;$5.76.;C.;$6.24.;D.;$6.84.;E.;$7.20.;64.;Norio Manufacturing uses;powdered plastics (PPS) to manufacture a high-pressure board used in digital;equipment, Flex 10. Information concerning its operation in June was as;follows;The standard;cost per pound of PPS is;A.;$5.20.;B.;$5.76.;C.;$6.24.;D.;$6.84.;E.;$7.20.;65.;Norio;Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board;used in digital equipment, Flex 10. Information concerning its operation in;June was as follows;The direct;materials purchase-price variance is;A.;$51,840 favorable.;B.;$56,160 favorable.;C.;$62,208 favorable.;D.;$64,840 favorable.;E.;$72,000 favorable.;66.;Norio Manufacturing uses;powdered plastics (PPS) to manufacture a high-pressure board used in digital;equipment, Flex 10. Information concerning its operation in June was as;follows;The cost of PPS;in the flexible budget for the output of the period is;A.;$259,200.;B.;$280,800.;C.;$311,040.;D.;$324,000.;E.;$360,000.;67.;Lucky Company's direct labor information for the month of February is as;follows;The actual;direct labor rate per hour is;A.;$12.00.;B.;$12.30.;C.;$12.60.;D.;$13.20.;E.;$13.50.;68.;Lucky Company's direct labor information for the month of February is as;follows;The standard;direct labor rate per hour is;A.;$12.00.;B.;$12.30.;C.;$12.60.;D.;$13.20.;E.;$13.50.;69.;Lucky Company's direct labor information for the month of February is as;follows;The total;standard direct labor cost for the period is;A.;$738,000.;B.;$747,000.;C.;$756,000.;D.;$765,000.;E.;$774,900.;70.;Lucky Company's direct labor information for the month of February is as;follows;The direct labor;rate variance is;A.;$36,900 unfavorable.;B.;$37,800 unfavorable.;C.;$55,350 unfavorable.;D.;$56,700 unfavorable.;E.;$73,800 unfavorable.;71.;Lucky Company's direct labor information for the month of February is as;follows;The direct labor;flexible-budget variance is;A.;$18,900 unfavorable.;B.;$42,300 unfavorable.;C.;$46,350 unfavorable.;D.;$44,500 unfavorable.;E.;$54,900 unfavorable.;72.;Minmax Co.'s direct labor information for February is as follows;The actual;direct labor rate per hour is;A.;$13.44.;B.;$13.65.;C.;$13.78.;D.;$14.00.;E.;$14.35.;73.;Minmax Co.'s direct labor information for February is as follows;The standard;direct labor rate per hour is;A.;$13.44.;B.;$13.65.;C.;$13.78.;D.;$14.00.;E.;$14.35.;74.;Minmax Co.'s direct labor information for February is as follows;The total;standard direct labor cost for the units manufactured in February is;A.;$458,640.;B.;$470,400.;C.;$477,750.;D.;$478,240.;E.;$490,000.;75.;Minmax;Co.'s direct labor information for February is as follows;The direct labor;efficiency variance in February is;A.;$13,440 favorable.;B.;$13,650 favorable.;C.;$13,776 favorable.;D.;$14,000 favorable.;E.;$19,110 favorable.;76.;Minmax Co.'s direct labor information for February is as follows;The total direct;labor flexible-budget variance in February is;A.;$7,350 favorable.;B.;$7,840 favorable.;C.;$30,870 favorable.;D.;$30,870 unfavorable.;E.;$31,360 favorable.;77.;Europa Company manufactures only one product. Presented below is direct labor;information for November.;The actual;direct labor hours worked during November was;A.;18,720.;B.;19,200.;C.;20,800.;D.;22,400.;E.;22,464.;78.;Europa Company manufactures only one product. Presented below is direct labor;information for November.;The total;standard direct labor hours in November for the output produced are;A.;18,720.;B.;19,200.;C.;20,800.;D.;22,400.;E.;22,464.;79.;Europa Company manufactures only one product. Presented below is direct labor;information for November.;The direct labor;rate variance for November 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.;80.;Europa Company;manufactures only one product. Presented below is direct labor information for;November.;The direct labor;efficiency variance for November 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.

 

Paper#45075 | Written in 18-Jul-2015

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