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PLEASE RESPOND ASAP Japan Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of
PLEASE RESPOND ASAP
Japan Company produces lamps that require 2.25 standard hours per unit at a standard hourly rate of $15.00 per hour. Production of 7,700
units required 19,250 hours at an hourly rate of $14.90 per hour.
What is the direct labor time variance? Record a favorable variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
Joint Cost Allocation- -Market Value at Split-off Method
Man O'Fort Inc. produces two different styles of door handles, standard and curved. The door handles go through a joint production molding
process costing $29,000 per batch and producing 2,000 standard door handles and 1,000 curved door handles at the split-off point. Both door
handles undergo additional production processes after the split-off point, but could be sold at that point: the standard style for $4 per door
handle and the curved style for $2 per door handle.
Determine the amount of joint production costs allocated to the curved door handle using the market value at split-off method.
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