Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 346 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 29 May 2017 My Price 12.00

You have been given the following information about the production of Adler Co

You have been given the following information about the production of Adler Co., and are asked to provide the plant manager with information for a meeting with the vice president of operations.

 

Standard Cost Card

Direct materials (6 pounds at $3 per pound)

$18.00

Direct labour (0.8 hours at $5)

4

Variable overhead (0.8 hours at $3 per hour)

2.4

Fixed overhead (0.8 hours at $7 per hour)

5.6
 

$30.00

The following is a variance report for the most recent period of operations.

   

Variances

Costs

Total Standard Cost

Price

Quantity

Direct materials

$405,000

$6,900 F

$9,000 U

Direct labour

90,000

4,850 U

7,000 U

Instructions

(a) How many units were produced during the period?

(b) How many pounds of raw material were purchased and used during the period?

(c) What was the actual cost per pound of raw materials?

(d) How many actual direct labour hours were worked during the period?

(e) What was the actual rate paid per direct labour hour?

Answers

Alpha Geek
(8)
Status NEW Posted 29 May 2017 11:05 AM My Price 12.00

-----------

Attachments

file 1496057046-Answer.docx preview (294 words )
Y-----------ou -----------hav-----------e b-----------een----------- gi-----------ven----------- th-----------e f-----------oll-----------owi-----------ng -----------inf-----------orm-----------ati-----------on -----------abo-----------ut -----------the----------- pr-----------odu-----------cti-----------on -----------of -----------Adl-----------er -----------Co.-----------, a-----------nd -----------are----------- as-----------ked----------- to----------- pr-----------ovi-----------de -----------the----------- pl-----------ant----------- ma-----------nag-----------er -----------wit-----------h i-----------nfo-----------rma-----------tio-----------n f-----------or -----------a m-----------eet-----------ing----------- wi-----------th -----------the----------- vi-----------ce -----------pre-----------sid-----------ent----------- of----------- op-----------era-----------tio-----------ns.----------- S-----------tan-----------dar-----------d C-----------ost----------- Ca-----------rd ----------- Di-----------rec-----------t m-----------ate-----------ria-----------ls -----------(6 -----------pou-----------nds----------- at----------- $3----------- pe-----------r p-----------oun-----------d) -----------$18-----------.00----------- D-----------ire-----------ct -----------lab-----------our----------- (0-----------.8 -----------hou-----------rs -----------at -----------$5)----------- 4 ----------- Va-----------ria-----------ble----------- ov-----------erh-----------ead----------- (0-----------.8 -----------hou-----------rs -----------at -----------$3 -----------per----------- ho-----------ur)----------- 2.-----------4 -----------Fix-----------ed -----------ove-----------rhe-----------ad -----------(0.-----------8 h-----------our-----------s a-----------t $-----------7 p-----------er -----------hou-----------r) -----------5.6----------- $-----------30.-----------00 ----------- Th-----------e f-----------oll-----------owi-----------ng -----------is -----------a v-----------ari-----------anc-----------e
Not Rated(0)