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

Author Question: Littrell Company produces chairs and has determined the following direct cost categories and ... (Read 21 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
on: Mar 6, 2021
Littrell Company produces chairs and has determined the following direct cost categories and budgeted amounts: 

Standard InputsStandard Cost
Categoryfor 1 outputper input
Direct Materials1.00$7.50
Direct Labor0.309.00
Direct Marketing0.503.00

Actual performance for the company is shown below: 

Actual output: (in units)4,000
 Direct Materials:
Materials costs$30,225
Input purchased and used3,900
Actual price per input$7.75
 Direct Manufacturing Labor:
Labor costs$11,470
Labor-hours of input1,240
Actual price per hour$9.25
 Direct Marketing Labor:
Labor costs$5,880
Labor-hours of input2,100
Actual price per hour$2.80

Required:
a.What is the combined total of the flexible-budget variances?
b.What is the price variance of the direct materials?
c.What is the price variance of the direct manufacturing labor and the direct marketing labor, 
respectively?
d.What is the efficiency variance for direct materials?
e.What are the efficiency variances for direct manufacturing labor and direct marketing labor, 
respectively?
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Bob-Dole on Mar 6, 2021

BUTTHOL369

  • Sr. Member
  • ****
  • Posts: 341
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.
Answer Preview
Only 44% of students answer this correctly


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Mar 6, 2021
:D TYSM

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a Diabetes mellitus. The metabolic disease diabetes mellitus, with symptoms of polydipsia, polyuria, a
In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The
The Stillwater Mining Company The Stillwater Mining Company
(a) Mechanisms of action for direct cholinergic agonists. Direct cholinergic agonists can act by two ... (a) Mechanisms of action for direct cholinergic agonists. Direct cholinergic agonists can act by two ...
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
Direct Two Species Interactions Direct Two Species Interactions
Video: Osmosis - water transport

For a complete list of videos, visit our video library