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Category > Accounting Posted 21 Apr 2017 My Price 10.00

ACC 200 Spring 2017 Chapter 13: Homework #1

ACC 200 Spring 2017 Chapter 13: Homework #1 Name _______________________________________ Section # ________ Row # ________ Each homework is worth four points: one point for completion, and one point for each correct answer (see
syllabus for how total homework points will be scaled in your final course points.)
If you do not show your work (you write answers only) you will earn zero points.
You must do the homework on this form, and it must be in your own handwriting. Either pencil or pen is
acceptable.
We will accept only homeworks handed in at the beginning of class.
You must attend the entire class in the seat you are listed on the seating chart (see syllabus for definition of
attendance) to qualify to hand in homework.
We accept no emailed, texted, or electronically transmitted homeworks. We accept no homeworks submitted
early or late (see syllabus for information on homework drops.) ------------------------------------------------------------------------------------------------------------------------------------ Ransom Inc. manufactures Product X. The purchasing and production departments have provided
the following information related to Product X for the month of March:
Direct materials:
Direct labor: Standard (Budgeted)
1,500 pounds at $35.00/lb.
4,800 hours at $11.00/hr. Actual
1,600 pounds at $32.00/lb.
4,500 hours at $11.80/hr. Compute the following for Ransom (number and term):
Total direct materials cost variance: ________________________ Direct labor rate variance: ________________________ Direct materials quantity variance: ________________________

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Answers

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Status NEW Posted 21 Apr 2017 02:04 AM My Price 10.00

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