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

Author Question: The following data for the Panoid Garden Supplies Company pertains to the production of 2,000 garden ... (Read 83 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
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? 


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nmorano1 on Mar 6, 2021

shewald78

  • Sr. Member
  • ****
  • Posts: 340
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 29% of students answer this correctly




nmorano1

  • Member
  • Posts: 598
Reply 2 on: Mar 6, 2021
Excellent


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library