Question
Zhang Industries sells a product for $725. Unit sales for May were 800 and each month's sales are expected to exceed the prior month's results
Zhang Industries sells a product for $725. Unit sales for May were 800 and each month's sales are expected to exceed the prior month's results by 2%. Zhang pays a sales manager a monthly salary of $4,000 and a commission of 1% of sales. Compute the projected selling expense to be reported on the selling expense budget for the manager for month ended June 30.
Use the following data to find the direct labor rate variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $6.95/hr.) $27.80 per unit Actual hours worked 12,400 Actual rate per hour $7.40
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: Direct materials standard (7 kg. @ $1.70/kg.) $11.90 per finished unit Actual cost of materials purchased $266,800 Actual direct materials purchased and used 144,000 kg.
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