Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
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Category > Management Posted 29 Mar 2018 My Price 7.00

Garden Metal

Garden Metal Works produces lawn sculptures. The company analyzes only variances that differ by more than 5 percent from the standard cost. The controller computed the following direct labor efficiency variances for March:

 

Direct Labor

Standard Direct Labor

 

Efficiency Variance

Cost

Product 4

$1,240 (U)

$26,200

Product 6

3,290 (F)

41,700

Product 7

2,030 (U)

34,300

Product 9

1,620 (F)

32,560

Product 12

2,810 (U)

59,740

For each product, determine the variance as a percentage of the standard cost (round to one decimal place). Then identify the products whose variances should be analyzed and suggest possible causes for the variances.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 29 Mar 2018 12:03 PM My Price 7.00

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