Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard

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3 years ago

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Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard

Cost Per Unit Direct materials 3.0 ounces $ 7.50 per ounce $ 22.50 Direct labor 0.6 hours $ 13.50 per hour $ 8.10 Variable overhead 0.6 hours $ 6.00 per hour $ 3.60 The company reported the following results concerning this product in February. Originally budgeted output 7,600 units Actual output 7,400 units Raw materials used in production 22,040 ounces Actual direct labor-hours 4,640 hours Purchases of raw materials 23,640 ounces Actual price of raw materials $ 7.25 per ounce Actual direct labor rate $ 12.10 per hour Actual variable overhead rate $ 5.10 per hour The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for February is:homeworklib

Business

1 answer:

DanielleElmas [232] · Answer 1 · 2022-08-15T00:01:57+03:00

Answer:

I have to go to sleep now lol lol I’m just kidding I’m about to cry lol lol I don’t know ‍♀️ lol lol I love you ❤️ lol lol oh lord I love ❤️ and I’m just kidding I’m sorry I don’t

Explanation: I don’t think I can do that too much lol lol I don’t know what In is going on there and you