This topic contains a solution. Click here to go to the answer

Author Question: Switzer Chocolate Company produces fudge in large batches. One batch of fudge has the following ... (Read 164 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
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.


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
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
:D TYSM


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

For a complete list of videos, visit our video library