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hammer [34]
2 years ago
8

Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct ma

terials 2.0grams$7.00per gram Direct labor 0.4hours$12.00per hour Variable overhead 0.4hours$2.00per hour The company produced 4,600 units in January using 10,100 grams of direct material and 2,080 direct labor-hours. During the month, the company purchased 10,670 grams of the direct material at $7.30 per gram. The actual direct labor rate was $12.65 per hour and the actual variable overhead rate was $1.80 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 quantity variance for January is:
Business
1 answer:
telo118 [61]2 years ago
5 0

Answer:

Direct material quantity variance= $6,300 unfavorable

Explanation:

Giving the following information:

Direct materials 2 grams $7.00 per gram

The company produced 4,600 units in January using 10,100 grams of direct material.

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

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

Direct material quantity variance= (2*4,600 - 10,100)*7

Direct material quantity variance= $6,300 unfavorable

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3 years ago
A customer has requested that Lewelling Corporation fill a special order for 2,400 units of product S47 for $36 a unit. While th
yKpoI14uk [10]

Answer:

Effect on income= $38,640 increase

Explanation:

Giving the following information:

Units= 2,400

Seling price= $36

Variable cost per unit:

Direct materials $4.80

Direct labor 4.00

Variable manufacturing overhead 1.90

Total variable cost= 10.7

Increase in variable cost= $1.70

Increase in fixed costs= $18,000

<u>Because it is a special offer, there is unused capacity, and other sales will not be affected, we will take into account only the incremental fixed costs (besides the variable costs).</u>

Sales= (2,400*36)= 86,400

Total variable cost= 2,400*(10.7 + 1.7)= (29,760)

Increase fixed costs= (18,000)

Effect on income= $38,640 increase

6 0
3 years ago
Use the appropriate command on a graphing utility to find the daily production level (to the nearest integer) at which the avera
Amanda [17]

Answer:

39: $182.46

Explanation:

In this problem, the daily production level at the lowest average cost per player and the average cost (in $) can be estimated by considering the graph (average cost (y) against production level (x)) in the previous question. By drawing the graph up to scale, it can be deduced from the graph that the lowest average cost is approximately $182.46 and the production level at that point is 39.

4 0
3 years ago
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Explanation:

Workplace incidents create a conducive opportunity for insiders to commit crime.

In this case there have been some layoffs which can be exploited in certain ways.

It could be that an employee or employees who think they will be laid off decide to steal credit card information for financial reasons before they are laid off.

It could also be that employees or an employee who will not be laid off could use the opportunity to steal information so that it can be blamed on the employees to be laid off seeing as they will be the most likely suspects.

Workplace incidents create an opportunity to steal information and this is no different.

4 0
3 years ago
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