Refer to information in QS 23-2. Assume the actual cost to manufacture one metal bat was $
Question:
Refer to information in QS 23-2. Assume the actual cost to manufacture one metal bat was $ 40. Compute the cost variance and classify it as favorable or unfavorable.
In QS 23-2, BatCo makes metal baseball bats. Each bat requires 1 kg. of aluminum at $ 18 per kg. and 0.25 direct labor hours at $ 20 per hour. Overhead is assigned at the rate of $ 40 per labor hour. What amounts would appear on a standard cost card for BatCo?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
Actual cost for one bat 40 Standard ...View the full answer
Answered By
Amisha Kumari
I have pursued B.Tech in Aerospace Engineering and I've done internship and project in various domains of Aerospace to get a better grasp of the subject. One of my internship topic was the deformation of the interstage i.e. the structure that connect consecutive stages of a rocket , under circumferential load, to understand its structural integrity i.e. buckling and postbuckling analysis of that. My second internship was on the orbital lifetime of the debris produced by the launch vehicle in Geostationary transfer orbit and to determine the parameters that govern their lifetime. It helps in predicting the orbital lifetime of debris and thus minimizing it. Both my internship was carried out in VSSC,ISRO.
My final year project was in Electric Propulsion domain. My project was to design and fabricate an operational micro Pulsed Plasma Thruster and to perform diagnostics on it, also to use a computational model to validate the obtained results.
Since my childhood I loved solving maths questions and thus I joined as subject matter expert in Advanced Mathematics on chegg and I'm active for 2 years on that platform.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Question Posted:
Students also viewed these Managerial Accounting questions
-
Refer to information in QS 19-6. Prepare an income statement under absorption costing. Refer To QS19-6 Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced...
-
Refer to information in QS 24-3. Assume the actual cost to manufacture one metal bat was $54. Compute the cost variance and classify it as favorable or unfavorable.
-
Refer to information in QS 24-14. Assume that actual sales are $265,000, actual variable costs for the year are $59,000, and actual fixed costs for the year are $73,400. Prepare a flexible budget...
-
Which of the following are valid in a Java file, listed in the order in which they are declared? (Choose two.) A. A package-private class declaration and a public interface declaration B. Two package...
-
Use the data in ATTEND.RAW this exercise (i) Obtain the minimum, maximum, and average values for the variables atndrte, priGPA, and ACT. (ii) Estimate the model atndrte = (0 + (1priGPA + (2ACT + u,...
-
The larger binary trees in this chapter were generated automatically by a program. This was done by assigning an (x, y) coordinate to each tree node, drawing a circle around each coordinate (this is...
-
What is the equation for the decomposition of the prediction error?
-
In early 20X1, SpaceTel Communications, a U.S.-based international telephone communications company, purchased the controlling interest in Sofia Telecom, Ltd. (STL) in Bulgaria. A key productivity...
-
For each of the following situations, indicate the type of financial statement audit report you would issue. Assume that each item is at least material. You might use each type of report once, more...
-
Suppose that Sams Cat Hotel in Problem 7 uses a P system instead of a Q system. The average daily demand is 15 bags (90/6), and the standard deviation of daily demand is 6,124 bags (15/6). a. What P...
-
BatCo makes metal baseball bats. Each bat requires 1 kg. of aluminum at $ 18 per kg. and 0.25 direct labor hours at $ 20 per hour. Overhead is assigned at the rate of $ 40 per labor hour. What...
-
Juan Companys output for the current period was assigned a $ 150,000 standard direct materials cost. The direct materials variances included a $ 12,000 favorable price variance and a $ 2,000...
-
If the spring constant of a simple harmonic oscillator is doubled, by what factor will the mass of the system need to change in order for the frequency of the motion to remain the same?
-
How would applying the core values and concepts of the Baldrige Performance Excellence Framework improve healthcare quality?
-
1. How does kaizen differ from a kaizen event? 2. What is the Deming Cycle? Explain the activities that make up each step.
-
3. Implement F (X,Y,Z) = XY'ZYZ' by using a) Only one 8-to-1 MUX. b) Only one 4-to-1 MUX. 4. Realize (a,b,c,d) = m(0, 4, 5, 9, 13, 14, 15) with a 8-to-1 Mux. a) Consider a, b, c as selection lines...
-
1.Pink describes several "frames" including: The Less Frame, The Experience Frame, The Label Frame, The Blemished Frame, The Potential Frame. Which frame is your favorite? Why? Give a specific...
-
Rise of the hackers essay prompt question Do you think you might be vulnerable to the social engineering attack that hackers used against Matt in the video?
-
Indicate with a Yes or No whether or not each of the following accounts normally requires an adjusting entry. a. Salaries Payable c. Dividends e. Unearned Rent b. Land d. Accumulated Depreciation f....
-
Digital Fruit is financed solely by common stock and has outstanding 25 million shares with a market price of $10 a share. It now announces that it intends to issue $160 million of debt and to use...
-
Using the seven-step process described in this chapter, create a structural model for exercise I in Chapter 4. exercise I Chapter 4 Draw a use-case diagram and a set of activity diagrams for the...
-
The Candy Shoppe reports the following sales forecast: August, $110,000; September, $120,000. Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month...
-
Zen Den reports the following sales forecast: September, $25,000; October, $36,000; and November, $30,000. All sales are on account. Collections of credit sales are received as follows: 15% in the...
-
TMart purchased $100,000 of merchandise in August and expects to purchase $120,000 in September. Merchandise purchases are paid as follows: 25% in the month of purchase and 75% in the following...
-
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2...
-
Prepare the adjusting journal entries and Post the adjusting journal entries to the T-accounts and adjust the trial balance. Dresser paid the interest due on the Bonds Payable on January 1. Dresser...
-
Venneman Company produces a product that requires 7 standard pounds per unit. The standard price is $11.50 per pound. If 3,900 units required 28,400 pounds, which were purchased at $10.92 per pound,...
Study smarter with the SolutionInn App