Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

eral for disciplinary action Question 6 16 pts Sande Corporation makes a product with the following standard costs: Direct Materials Direct Labor Standard Quantity or

image text in transcribed
eral for disciplinary action Question 6 16 pts Sande Corporation makes a product with the following standard costs: Direct Materials Direct Labor Standard Quantity or Hours Standard Price or Rate 5.4 Kilos $ 7.50 0.2 Hours $20.00 per kilo per hour The company reported the following results concerning this product in June. Actual Output Raw materials used in production Actual direct labor hours Purchases of raw materials Actual price of raw materials Actual direct labor rate 3,600 units 19,250 kilos 970 hours 46,700 kilos $ 7.60 per kilo $ 22.50 per hour a) What was materials price variance for November? b) What was materials quantity variance for November? c) What was the labor rate variance for November? d) What was the labor efficiency variance for November? Edit Format Table DOLL

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Operational Auditing A Complete Guide Practical Tools For Self Assessment

Authors: The Art Of Service Operational Auditing Publishing

2021 Edition

1867442043, 978-1867442042

More Books

Students also viewed these Accounting questions

Question

4. Label problematic uses of language and their remedies

Answered: 1 week ago