Maurice Tutor

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About Maurice Tutor

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Expertise:
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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 9.00

Best Bathware Company

Best Bathware Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 50 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows:
Standard wage per hr. ……………………….….. $14.60
Standard labor time per faucet ……………….…. 15 min
Standard number of lbs. of zinc ………………… 1.6 lbs
Standard price per lb. of zinc …………………… $11.50
Actual price per lb. of zinc ……………………… $11.75
Actual lbs. of zinc used during the week ……. 12,400 lbs.
Number of faucets produced during the week …….. 7,500
Actual wage per hr. ………………………………. $15.00
Actual hrs. per week …………………………… 1,800 hrs.
Instructions
Determine
(a) The standard cost per unit for direct materials and direct labor;
(b) The price variance, quantity variance, and total direct materials cost variance; and
(c) The rate variance, time variance, and total direct labor cost variance.

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Aug 2017 09:08 PM My Price 9.00

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