Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 pts D Question 11 The following standards have been set for each test performed: Standard Hours or Quantity 3 pounds 0.4 hours Standard Price
1 pts D Question 11 The following standards have been set for each test performed: Standard Hours or Quantity 3 pounds 0.4 hours Standard Price or Rate S0.75 per pound S12 per hour Direct materials Direct labor During March, Your Company performed 2,000 tests. - 7,200 pounds of sand were used for core tests at a cost of $6,120. What is the materials quantity variance for March? Enter a favorable variance as a positive number, an unfavorable variance as a negative number. ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS D Question 12 1 pts The following standards have been set for each test performed: Standard Hours or Quantity 3 pounds 0.4 hours Direct matcrials Direct labor Standard Price or Rate 50.75 per pound $12 per hour During March, Your Company performed 2,000 tests. 840 actual direct labor-hours were worked at a cost of $8,610. . What is the labor rate (P) variance for March? Enter a favorable variance as a positive number; an unfavorable variance as a negative number. ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS Question 13 1 pts The following standards have been set for each test performed: Direct materials Direct labor Standard Hours or Quantity 3 pounds 0.4 hours Standard Price or Rate S0.75 per pound S12 per hour During March, Your Company performed 2,000 tests. 840 actual direct labor-hours were worked at a cost of $8,610. What are the standard hours (SQ) for the period? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started