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q 31 q 30 q 29 q 28 Furr Fabricators produce two protective covers for smart phones, Furr and Skin During April they sold a
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Furr Fabricators produce two protective covers for smart phones, Furr and Skin During April they sold a total of 50,000 Furr and Skin covers. The following information was gathered Actual selling price Budgeted selling price Actual sales mix Budgeted sales mix Actual variable costs Budgeted variable costs Budgeted unit sales Furr $10.00 $8.25 62% 58% Skin $12.00 $11.50 38% 42% $9.00 $8.60 10,000 $8.00 $6.75 30,000 What is Furr Fabricators total sales - mix variance? O A. $640 favourable OB. $2,800 unfavourable OC. $2,000 unfavourable OD. $1,200 favourable O E. $4,500 favourable Stewart Statues is a very labour intensive company They would like to know what their direct manufacturing labour partial productivity is assuming 7.920 units were produced during the year and 52,800 direct manufacturing labour-hours were used? O A. 1.25 unit per direct manufacturing labour-hour OB. 6.67 unit per direct manufacturing labour-hour OC. 0.15 unit per direct manufacturing labour-hour OD. 0.25 unit per direct manufacturing labour-hour O E. 0.50 unit per direct manufacturing labour-hour Tom Paper Inc. purchases 23,500 reams of paper per year, ordered in lots of 450 reams per week at $100 per ream. The vendor covers all shipping costs. Torn Paper is not required to inspect the shipment upon entry Torn Paper earns 8% on its cash investments. The purchase order lead time is two weeks. The following cost data are available. Relevant ordering costs per purchase order Relevant insurance, materials handling, breakage, and so on, per year $23.50 $12.00 What are the total relevant costs assuming the quantity ordered equals 200 reams? O A. $4,165.00 OB. $4,761.25 O c. $4,920 50 OD. $4,075 25 O E. $5,975.50 The Broken Wing Manufacturing Shop produces airplane parts. Typically, 15 pieces out of a job lot of 750 parts are normally spoiled. Costs are assigned at the inspection point, $50.00 per unit Spoiled pieces may be disposed of for proceeds of $8.50 per unit The spoiled goods must be inventoried appropriately when the normal spoilage is detected. The current job requires the production of 4,000 good parts Which of the following journal entries properly reflects the recording of spoiled goods? . Materials Control Manufacturing Overhead Control Work-in - Process Control 1,000 4,000 5,000 . Manufacturing Overhead Control Materials Control Work-in - Process Control 1,000 400 600 Oc. Manufacturing Overhead Control Materials Control Work-in - Process Control 4,000 400 3,320 OD Materials Control Manufacturing Overhead Control Work-in - Process Control 680 3,320 4,000 O E. 5,000 Work-in - Process Control Materials Control Manufacturing Overhead Control 1,000 4,000Step by Step Solution
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