For a product the following data are given: Standards per unit of product: Direct material 4 kilogrammes
Question:
For a product the following data are given:
Transcribed Image Text:
Standards per unit of product: Direct material 4 kilogrammes at 0.75 per kilogramme 2 hours at 1.60 per hour Direct labour Actual details for given financial period: Output produced in units 38,000 Direct materials: Purchased 180,000 kilogrammes for 126,000 Issued to production Direct labour 154,000 kilogrammes 78,000 hours worked for 136,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
For the month just ended, the following data were generated by Alonzo Corporation. Physical units Units in process, beg. 4,000 gallons Materials, chemicals (?complete) Materials, cans (0% complete)...
-
A. Questions 24 to 26 are based on the following information: WIP, Beg300 units, 35% complete to materials Started in August 1,630 units Finished and Transferred1,830 units WIP, end ? units, 20%...
-
This question concerns lexical grammars. (a) Tree Adjoining Grammars contain two types of elementary tree. (i) What are these trees called? [1 mark] (ii) If one were building a grammar for English...
-
A stock is currently priced at $39.3. Its dividend is expected to grow at a rate of 5.9% per year indefinitely. The stock's required return is 8.4%. The stock's predicted price 7 years from now, P7,...
-
What are the benefits of location information for routing in ad-hoc networks, which problems arise?
-
Florida Motors Ltd produces two models of cars, Reliable and Luxury. The projected financial data for the month of January are as follows: Reliable Luxury Estimated beginning inventory (units)...
-
Canon manufactures digital cameras and must compete on lean manufacturing concepts. Match each of the following activities that it engages in with the lean manufacturing concept it strives to...
-
Teens were asked in the MTF 2012 survey to report their level of happiness (how are things these days?). The bivariate table includes responses organized by teen's race. Based on an alpha of .05,...
-
(a) Your answer is incorrect. Calculate the revenues, expenses, net income that would be reported on the cash basis. (Enter loss amounts using either a negative sign preceding the number e.g. -45 or...
-
(a) Angus Menzies and Company is investigating the possibility of using a standard costing system for the process. The standards are to be based on the following information: The joint process...
-
The analysis of cost variances brings with it the problem of deciding when to investigate a variance. Discuss this problem and describe and comment on some of the approaches that have been suggested.
-
What language functions are most probably intended to be served by each of the following passages? Over the past 133 years, more than 7,500 scientists, including social scientists, have been elected...
-
Q3. (a) Sketch and name the road structure layers including the bituminous coating layers. State the material's CBR value and the degree of compaction (DOC) for each road layer required by road works...
-
2. Justify the following in terms of impulse and momentum: a. Why are padded dashboards safer in automobiles?
-
The kidneys are an essential organ to regulating blood pressure in the cardiovascular system. Renal epithelial cells feature cilia on their surface, which allows them to sense blood flow in the...
-
Novak Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 9 square yards...
-
Develop a one-week schedule for your Housekeeping employees. Using the Excel spreadsheet that is attached above, you will prepare a schedule for the week The day-by-day occupied rooms forecast has...
-
What is a CRM system, and what are its primary components?
-
Three successive resonance frequencies in an organ pipe are 1310, 1834, and 2358 Hz. (a) Is the pipe closed at one end or open at both ends? (b) What is the fundamental frequency? (c) What is the...
-
BUS 280 Week 9 Assignment This week the assignment is about financial management. You will prepare a Cash Flow Statement for Clark's Sporting Goods and then you will calculate ratios for Sam's Paint...
-
Ayayai Restaurant's gross payroll for April is $46,800. The company deducted $2,551 for CPP$739 for Eland $9,026 for income taxes from the employeeschequesEmployees are paid monthly at the end of...
-
44. Dryer Companys policy is to keep 25% of the next month's sales in ending inventory. If Dryer meets its ending inventory policy at the end of April and sales are expected to be 24,000 units in May...
Study smarter with the SolutionInn App