Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Dung Now und 154000 product 0 do 2000 5.00 O O O $7500 USO s. 58.400 r the Dung Novembe ma d .000 243.000 pounds
Dung Now und 154000 product 0 do 2000 5.00 O O O $7500 USO s. 58.400 r the Dung Novembe ma d .000 243.000 pounds of November de 1000 pounds Watercom O O O O 000 536.000 5.000 521800 5.00 points Task Master Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product Standard Standard S100 Direct Materiais Direct Labor 7 pounds 20 hour $ 160 per pound $10.00 per hour 2.00 $1320 During November, Task Master purchased 154,000 pounds of direct materials at a total cost of $277200. The total factory wages for November were $52.000 BOX of which were for direct labor. Task Master manufactured 21000 units of product during November using 132.000 pounds of direct materials and 5.000 direct labor hours. What is the direct labor price rate) variance for November? O O $7,600 $1750 $8,000 $8,400 O Task Master Enterprises employs a standard cost system in which direct materials inventory is carried standard cost. T one unit of product h ese shed the following tandards for the prime costs of Quantity Direct Mato 3200 pound $9.00 per hour 0 hour $1800 220 52070 During November, Task Master purchased 243,000 pounds of direct materials at a total cost of 5510,300 The factory for ov er Isbor Task Master manufactured 25.000 units of product during November using 218.000 pounds of direct materials and 6.000 direct sbor hour variances at the time of purchase 1,000, of which were for direct s come rc ial What is the direct material price variance for November O O $24.300 $36.000 $14,000 $21800
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