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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The standards for one carton of Flavor Rite are: Direct Materials 3.21 lbs @$6.00/1b Direct Labor 2.4hrs @$10.00/hr This time has not expired. Please kindly reconsider. During the week ended May 17, the following activity took place: • 4,800 lbs. of raw material were purchased for inventory at a cost of $5.60 per pound; • 1,200 cartons of finished product were produced; • 4,020 lbs. of raw material were used; • 3,110 labor hours were worked at a total cost of $26,435. Calculate each of the following variances: (a.) Raw materials purchase price variance. (b.) Raw materials usage variance. (c.) Direct labor rate variance. (d.) Direct labor efficiency variance:
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