Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lindor Chocolates successfully uses a standard costing system for it's signature chocolates. They have a direct materials standard of 3 gallons of input at a
Lindor Chocolates successfully uses a standard costing system for it's signature chocolates. They have a direct materials standard of 3 gallons of input at a cost of $6 per gallon. During January, Lindor Chocolates purchased and used 7,900 gallons. The direct materials quantity variance was $600 unfavorable and the direct materials price variance was $3,000 favorable. How many units did Lindor chocolates produce? Multiple Choice O 2,650 units 7,900 units Loooo 2,600 units 7,800 units Hanes T-Shirt Inc. produces high quality T-Shirts. This is a new boutique line and it has a direct labor standard of 4 hours per unit of output. Each employee has a standard wage rate of $18 per hour. During February, Hanes paid $99,800 to employees for 9,220 hours worked. 2,460 units were produced during February. What is the flexible budget amount for direct labor? Multiple Choice 0 $177,120 0 $44,280 0 $99,800 0 $165,960
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