Apple Valley Orchards, Inc. (AVO) make apple products. A certain apple pie requires the following: Direct materials standard 3 pounds at $7.25 per pound Direct labor standard 0.5 hours at $14.00 per hour During September, AVO purchased and used 3,750 pounds of direct materials costing $26,250 to produce and sell 1,200 pies. Direct labor totaled 560 direct labor hours for $7,980. Required: a. Compute the direct materials variances for September. b. Compute the direct manufacturing labor variances for September.
Answers: 1
Business, 21.06.2019 19:40
Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.
Answers: 3
Business, 21.06.2019 23:00
Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of workerβs compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?
Answers: 1
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 15:10
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
Apple Valley Orchards, Inc. (AVO) make apple products. A certain apple pie requires the following: D...
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