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Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 307 Weeks Ago |
Questions Answered: | 66690 |
Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In july 2013, Zinger corp. purchased 20,000 gallons of Numerol for $61,000 to use in the production of product #43MR7. During july, zinger corp. manufactured 3,900 units of product #43MR7. the following information is available about standard and actual quantities and costs: Direct material: 4.8 gallons @ $3 per gallon , 18,350 gallons. Direct labor: 20 minutes @ $9 per DLH, 1,290 DLHs @ $9,02 per DLH(a) Compute the material purchase price variance and the material quantity variance(b) Compute the labor rate, labor efficiency, and total labor variance(c) prepare the journal entries for the material and labor variances
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