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

Author Question: Switzer Chocolate Company produces fudge in large batches. One batch of fudge has the following ... (Read 61 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jan 5, 2020
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.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


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
Reply #1 on: Jan 5, 2020
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
Wow, this really help

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Erythrocytes contain large amounts of the oxygen-transporting protein Erythrocytes contain large amounts of the oxygen-transporting protein
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
The large intestine. The large intestine.
Large areas of permafrost are melting Large areas of permafrost are melting
Industrial and transport sources are responsible for a large proportion of global GHG emission Industrial and transport sources are responsible for a large proportion of global GHG emission
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Video: Glycolysis Animation

For a complete list of videos, visit our video library