Budgeted production needs are determined by: a. adding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total. b. adding budgeted sales in units to the beginning inventory in units and deducting the desired ending inventory in units from this total. c. adding budgeted sales in units to the desired ending inventory in units. d. deducting the beginning inventory in units from budgeted sales in units.

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

Select the word from the list that best fits the definition sometimes

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?