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Purchases for May were $60,000, while expected purchases for June and July are $75,000 and $92,000, respectively. All purchases are paid 30% in the month
Purchases for May were $60,000, while expected purchases for June and July are $75,000 and $92,000, respectively. All purchases are paid 30% in the month of purchase and 70% the following month. At what amount are June payments for purchases budgeted? O A. $70,500 O B. $86,900 OC. $92,100 O D. $64,500 AK London Corporation's direct labour costs and related information for the month of April were as follows: Actual total direct labour-hours Standard total direct labour-hours Total direct labour cost Unfavourable direct labour price (rate) variance What is A.K. London Corporation's direct labour quantity (efficiency) variance? 1,200 1,000 $10,440 $1,500 O A. $1,838 favourable O B. $1,490 unfavourable OC. $1,490 favourable OD. $1,838 unfavourable An unfavourable direct materials efficiency variance and a favourable direct materials price variance might indicate which of the following? O A. More expensive, superior materials requiring less than the standard amount were used in production O B. More expensive, superior materials requiring more than the standard amount were used in production O C. Less expensive, inferior materials requiring less than the standard amount were used in production OD. Less expensive, inferior materials requiring more than the standard amount were used in production
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