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Bond Company uses a budgeted direct labor rate of $12 per hour. The company expects to operate at 10,000 direct labor hours each month. In
Bond Company uses a budgeted direct labor rate of $12 per hour. The company expects to operate at 10,000 direct labor hours each month. In November, direct labor totaling $122,720 is incurred in working 10,400 direct labor hours. A flexible budget report would indicate that direct labor for November was $4,800 unfavorable $2,720 unfavorable $2,080 favorable $2,000 favorable Lazy Days' budgeted sales data includes Month Sales in units May 2,100 June 1,900 July 2,000 The company always keeps 15% of the next month's sales as ending inventory. How many units should Lazy Days produce during June? 2,300 1,885 1,915 1,615 The standard cost for Product G3 includes 2 gallons of direct materials at $4 per gallon. During the current month, 11,200 gallons of direct materials were purchased for $45,920, and 11,200 gallons were used to produce 6,000 units of Product G3. The direct materials quantity variance for the current month is $3,200 favorable $1,200 unfavorable $3,280 favorable $1,120 unfavorable
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