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I need help with 5,6,7 The algebraic equation for the direct materials price variance is Direct materials price variance = AQpurch Times (AP - SP)
I need help with 5,6,7 The algebraic equation for the direct materials price variance is Direct materials price variance = AQpurch Times (AP - SP) Direct materials price variance = SQpurch Times (AP - SP) Direct materials price variance = AP Times (AQpurch - SQpurch) Assembly line workers at Thompson Manufacturing worked a total of 12,000 direct laber hours to produces 36,000 units. The standard for producing one unit is 15 minutes of $10.70. If the actual wage ratio was $10.50 per direct labor hour, Thompson's direct labor rate variance is $2,400 favorable $4,800 unfavorable The flexible budget variance is the difference between The static budget and the flexible budget The flexible budget and actual results. James is preparing a direct labor budget. His sales budget shows total sales unit of 15,000 and tales dollars of $18,750. The direct materials purchases budget shown materials to be purchased of 15,000 units and budgeted purchased cost of $3,750. The production budget indicates a total of 12,000 units to be produced. Standard direct labor unit is. 30 and the standard average wage rate in $8. What is budgeted labor ? $22,500 $28,800 $51,300 $32,550 Which of the following is not a step in preparing the cost of goods budget? The algebraic equation for the direct materials price variance is Direct materials price variance = AQpurch Times (AP - SP) Direct materials price variance = SQpurch Times (AP - SP) Direct materials price variance = AP Times (AQpurch - SQpurch) Assembly line workers at Thompson Manufacturing worked a total of 12,000 direct laber hours to produces 36,000 units. The standard for producing one unit is 15 minutes of $10.70. If the actual wage ratio was $10.50 per direct labor hour, Thompson's direct labor rate variance is $2,400 favorable $4,800 unfavorable The flexible budget variance is the difference between The static budget and the flexible budget The flexible budget and actual results. James is preparing a direct labor budget. His sales budget shows total sales unit of 15,000 and tales dollars of $18,750. The direct materials purchases budget shown materials to be purchased of 15,000 units and budgeted purchased cost of $3,750. The production budget indicates a total of 12,000 units to be produced. Standard direct labor unit is. 30 and the standard average wage rate in $8. What is budgeted labor ? $22,500 $28,800 $51,300 $32,550 Which of the following is not a step in preparing the cost of goods budget
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