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 109 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
Great answer, keep it coming :)


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

For a complete list of videos, visit our video library