Business, 12.08.2019 18:20 anthonybowie99
Taskmaster enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. taskmaster has established the following standards for the prime costs of one unit of product. standard standard standard quantity price cost direct materials 7 pounds $ 1.60 per pound $ 11.20 direct labor .30 hour $ 10.00 per hour 3.00 $ 14.20 during november, taskmaster purchased 154,000 pounds of direct materials at a total cost of $277,200. the total factory wages for november were $52,000, 80% of which were for direct labor. taskmaster manufactured 21,000 units of product during november using 132,000 pounds of direct materials and 5,000 direct labor hours. what is the direct materials efficiency (quantity) variance for november?
Answers: 2
Business, 22.06.2019 11:00
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
Business, 22.06.2019 11:40
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 18:00
Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?
Answers: 3
Taskmaster enterprises employs a standard cost system in which direct materials inventory is carried...
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