This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Switzer Chocolate Company produces fudge in large batches. One batch of fudge has the following ... (Read 154 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jan 5, 2020
Switzer Chocolate Company produces fudge in large batches.  One batch of fudge has the following standard costs and amounts:

Standard quantity of sugar (kilograms)100
Standard cost per kilogram of sugar $1.90
Standard direct labour hours per batch of fudge2.0
Standard direct labour cost per hour $18.00

Switzer Chocolate Company produced 400 batches of fudge in the most recent month.  Actual costs and usage levels were as follows:

Actual kilograms of sugar purchased and used per batch of fudge102
Actual cost per kilogram of sugar $2.10
Actual direct labour hours per batch of fudge1.8
Actual direct labour cost per hour $17.50

Required:
1.  Calculate the material price variance.
2.  Calculate the material efficiency variance.
3.  Calculate the labour price variance.
4.  Calculate the labour efficiency variance.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dakota nelson on Jan 5, 2020

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jan 5, 2020
Excellent

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
The digestive system: functions of the small intestine and large intestine (colon) The digestive system: functions of the small intestine and large intestine (colon)
Ardipithecus kadabba has large canine teeth that are only slightly smaller than those of living apes Ardipithecus kadabba has large canine teeth that are only slightly smaller than those of living apes
The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ... Large water tank, possibly a public or ritual bathing area, from Mohenjo-daro, Indus Valley ...
Nutrients in Chocolate Nutrients in Chocolate
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library