The standard cost sheet for Chambers Company, which manufactures one product, follows:

Direct materials, 40 yards at $2.00 per yard $ 80

Direct labor, 5 hours at $20 per hour 100

Factory overhead applied at 80% of direct labor 80 (variable costs = $60; fixed costs = $20)

Variable selling and administrative 64

Fixed selling and administrative 40

Total unit costs $ 364

Standards have been computed based on a master budget activity level of 28,800 direct labor-hours per month. Actual activity for the past month was as follows:

Materials used 200,000 yards at $2.10 per yand

Direct labor 28,500 hours at $21.00 per hour

Total factory overhead $550,000

Production 5,600 units

Required:

1. Prepare variance analyses for the variable and fixed costs. Materials are purchased as they are used. (Do not round intermediate calculations).

Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.

Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?