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Author Question: The following data for the Panoid Garden Supplies Company pertains to the production of 2,000 garden ... (Read 58 times)

nmorano1

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on: Mar 6, 2021
The following data for the Panoid Garden Supplies Company pertains to the production of 2,000 garden spades during March. The spade consists of a wooden handle and a metal forged tool that comes in contact with the ground.

 Direct Materials (all materials purchased were used): 

 Standard cost: $1.00 per handle and $3.00 per metal tool.
 Total actual cost: $9,000.
 Materials flexible-budget efficiency variance was $500 unfavorable. 

 Direct Manufacturing Labor: 

 Standard cost is 5 garden spades per hour at $20.00 per hour.
 Actual cost per hour was $21.00.
 Labor efficiency variance was $500 favorable. 

Required: 
a.What is the standard direct material amount per garden spade?
b.What is the standard cost allowed for all units produced?
c.What is the total direct materials flexible-budget variance?
d.What is the direct material flexible-budget price variance?
e.What is the total actual cost of direct manufacturing labor?
f.What is the labor price variance for direct manufacturing labor? 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by nmorano1 on Mar 6, 2021

shewald78

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Reply #1 on: Mar 6, 2021
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.
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nmorano1

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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