Pietro's pizza has established the following standards for making one pizza:
dough: 0.35 pounds at $3 per pound
labor: 0.2 hours at $10 per hour

actual sales volume for the past month was 15,000 units. actual dough and labor quantities and prices were as follows:
dough: 3,750 pounds (total) at $2.5 per pound
labor: 3,750 hours (total) at $12 per hour

required:
(enter favorable and unfavorable variances as positive and negative numbers, without for u)

(a) what are the input price and quantity variances for dough?

materials price variance =
materials quantity variance =

(b) what are the input price and quantity variances for labor?

labor rate variance =
labor efficiency variance =

10 points

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?