Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 18, 2024

Actual production 5000 units Actual material used and purchased 17500Kg Actual material cost Rs. 66500.00 Labour hours produced 11250hours Labour cost incurred Rs.160312.5 Variable overhead

Actual production 5000 units Actual material used and purchased 17500Kg Actual material cost Rs. 66500.00 Labour hours produced 11250hours Labour cost incurred Rs.160312.5 Variable overhead Rs.28125.00

Calculate all possible variances from the pre cost standard

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

Recommended Textbook for

Auditing An Assertions Approach

Authors: G. William Glezen, Donald H. Taylor

7th Edition

047113421X, 978-0471134213

More Books

Students also viewed these Accounting questions

Question

★★★★★

Assume that Home and Foreign produce 2 goods, TVs and cars, and use the information below to answer the following questions.In the No-Trade Equilibrium a. What is the marginal product of labor for...

Answered: 1 week ago

Question

★★★★★

Consider a two-stage cascade refrigeration system operating between -60oC and 50oC. Each stage operates on an ideal vapor-compression refrigeration cycle. The upper cycle uses R-134a as working...

Answered: 1 week ago

Question

★★★★★

8. Maintain compensation levels that align well with competitors while also closely watching costs ?

Answered: 1 week ago

Question

★★★★★

Kangaroo Media Inc. has issued and outstanding a total of 40,000 shares of $7.20 preferred shares and 120,000 of common shares. The company began operations and issued both classes of shares on...

Answered: 1 week ago

Question

★★★★★

The following information is given for Tripp Company, which uses the indirect method. Net income $20,000 Depreciation expense 3,000 Increase in accounts receivable 2,000 Payment of dividends 2,000...

Answered: 1 week ago

Question

★★★★★

topher just finished converting the loft above his garage into an effciency unit. he is hoping to recover some if his investment by renting the unit out throigh short term rental agencies. What tax(es

Answered: 1 week ago

Question

★★★★★

a. What manufacturing data is used by the managerial accounting module within ERP? b. How is this information used to control costs, to maximize productivity, and to streamline operations? c. How...

Answered: 1 week ago

Question

★★★★★

What is Big Data? What are the 3V's of Big Data? What tasks are usually performed in a database marketing campaign? Research three Business Analytics tools. Name and describe them and the features of...

Answered: 1 week ago

Question

★★★★★

(a) Explain briefly any five Methods of Costing. (5) (b) Pleasant Cold Limited manufactured and sold 1,000 refrigerators in the year ending 31st March, 2012. The summarised Trading and Profit and...

Answered: 1 week ago

Question

★★★★★

Suppose that str is composed of 20 characters. Draw the stack frame for bof. Mark the direction in which the stack grows. In which direction does strcpy write? How does the program know where to...

Answered: 1 week ago

Question

★★★★★

Determine the following inverse z-transforms using the partial fraction expansion method. 1. X1(2)=(1-1-42-2 +42-3)/(1-+- 2 3). The sequence is rightsided. 2. X2(2)=(1+1-42-2 +42-3)/(1-+---). The...

Answered: 1 week ago

Question

★★★★★

Conduct networking interviews. To help meet your objective, select one person to interview by phone if it is difficult to meet in person for a 20-minute interview. List the person and write questions...

Answered: 1 week ago

Question

★★★★★

Many of the TV reality shows have an element of teamwork. However, they often have members of the teams doing negative things to each other to get ahead. Do you believe that these negative examples...

Answered: 1 week ago

Question

★★★★★

Develop your network. List at least five people to be included in your network, preferably people who can help you achieve your objective.

Answered: 1 week ago

Previous Question Next Question