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i need these 6--7 question done 30 minutes. just right options. ONLY EXPERTS NEED ALL Correct QUESTION 1 XYZ Co. has a material standard of
i need these 6--7 question done 30 minutes. just right options.
ONLY EXPERTS NEED ALL Correct
QUESTION 1 XYZ Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, XYZ Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials price variance? $1,420 favorable $860 favorable $1,420 unfavorable $860 unfavorable 10 points Saved QUESTION 2 XYZ Corp prepared a master budget that included $17,800 for direct materials, $28,000 for direct labor, $15,000 for variable overhead, and $38,700 for fixed overhead. Wadjase Corp planned to sell 4,000 units during the period, but actually sold 4,300 units. How much would direct labor cost be on a flexible budget for the period based on actual sales? A. $28,000 B. $30,100 C. $12,040 D. $26,047 price variance and volume variance. 10 points Save Answer QUESTION 4 W Co. has a material standard of 2 pounds per unit of output. Each pound has a standard price of $12 per pound. During February, W Co. paid $57,220 for 4,840 pounds, which were used to produce 2,400 units. What is the direct materials quantity variance? $9,120 favorable $1,420 unfavorable $9,980 favorable $480 favorable 10 points Save Answer 10 points Save Answer QUESTION 9 Evaluate the following question and give a hypothetical example that will back up your answer. When evaluating variances, is it best for managers and others to consider only one variance at a time? State whether this is a good idea or a bad idea and state your reasoning Path: pWords:0 10 points Save Answer QUESTION 10 Pulam, Inc. prepared the following master budget items for July. Budgeted Production and Sales Variable Manufacturing Costs: 30,000 units Direct Materials $45,000 Direct Labor $60,000 Variable Overhead Fixed Overhead $75,000 $100,000 Total Manufacturing Costs $280,000 During July, Pulam actually sold 24,000 units. Prepare a flexible budget for Pulam based on actual sales. Be sure to show total flexible budgeted costs for direct materials, direct labor, variable overhead, fixed costs and total costs just like the original budgetStep by Step Solution
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