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 29 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
Wow, this really help

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
Categories or sterilization, disinfection Categories or sterilization, disinfection
Apply direct pressure to the patient’s wound. Apply direct pressure to the patient’s wound.
An agglutination reaction. Antigen-coated latex beads are held together by antibody. In a direct ... An agglutination reaction. Antigen-coated latex beads are held together by antibody. In a direct ...
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Pasteur's Experiment

For a complete list of videos, visit our video library