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Lelechka [254]
3 years ago
9

Suver Corporation has a standard costing system. The following data are available for June

Business
1 answer:
Anettt [7]3 years ago
7 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The actual quantity of direct materials purchased 20,000 pounds.

standard price of direct materials $ 7.00 per pound.

Material price variance $ 5,000 Unfavorable.

Material quantity variance S 2,500 Favorable.

Direct material price variance= (standard price - actual price)*actual quantity

-5,000= (7 - AP)*20,000

5,000= 140,000 - 20,000AP

20,000= 145,000AP

Actual price= 7.25

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LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r
swat32

Answer:

The correct option is D

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Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.  

Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

Labour budget = $14.50× 3.5× 38,900 = $1,974,175

Labour budget = $1,974,175

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Sedbober [7]

Answer:

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Explanation:

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3 years ago
Tp-7 on gasoline powered boats, when should the blower be operated?
gayaneshka [121]
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