Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Need response please Sunland Company has a materials price standard of $2.60 per kilogram. 4120 kilograms of materials were purchased at $2.30 a kilogram. The
Need response please Sunland Company has a materials price standard of $2.60 per kilogram. 4120 kilograms of materials were purchased at $2.30 a kilogram. The actual quantity of materials used was 3500 kilograms, although the standard quantity allowed for the output was 3400 kilograms Sunland Company's materials price variance is $1236 F. $1136 F $1236 U. $1050 U. The standard rate of pay is $15.10 per direct labour hour. If the actual direct labour payroll was $58730 for 4000 direct labour hours worked, the direct labour price (rate) variance is $1670 unfavourable. $1510 favourable. $1670 favourable. $1510 unfavourable. Swifty Co. produces wooden boxes. The company's standards per box require 6 boards, each costing $11 per board, and half of an hour of direct labour. The standard labour rate is $16 per hour. In August, Swifty Co. purchased 12040 boards for a total cost of $123900. It used 11460 boards to manufacture 1900 boxes. Total labour hours were 1100 hours, and total labour costs were $16200. What was the labour quantity variance for August? $2400 W $133600 $13360 F $2400 F
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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