Business, 31.05.2021 14:50 kdior27

Ironwood Company manufactures cast-iron barbeque cookware. During a recent windstorm, it lost some of its cost accounting records. Ironwood has managed to reconstruct portions of its standard cost system database but is still missing a few pieces of information. Required:
Use the information in the table to determine the unknown amounts.

Direct Materials Direct Labour
Standard amount per pan produced 2.5 lb 1.10hr
Standard cost 4.20 per lb 16.00 per hr
Actual amount used per pan produced 2.4lb 1.20 hr
Actual cost 4.10 per lb 15.50 per hr
Actual number of pans produced and sold 2500 pans 2500 pans
Direct materials price variance
Direct materials quantity variance
Direct materials spending variance
Direct labor rate variance
Direct labor efficiency variance
Direct labor spending variance

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 15:00

Wanda has graduated from community university (cu) and after nine months has failed to find a job. she graduated with a degree in business, and her college was aacsb accredited. (aacsb accreditation is a specialized accreditation for business schools that evidences a quality program.) in her complaint, she alleges that four years of school and tuition should guarantee a job in the field of study and states that she wants her money back. at no time did cu guarantee job placement, either through express or implied statements. wanda does not disagree with this but still thinks that she was wronged and that it is unfair to graduate and not get a job automatically. cu will be successful in extinguishing wanda's lawsuit if its attorney files a

Answers: 2

Answer

Business, 21.06.2019 23:10

Kando company incurs a $9 per unit cost for product a, which it currently manufactures and sells for $13.50 per unit. instead of manufacturing and selling this product, the company can purchase product b for $5 per unit and sell it for $12 per unit. if it does so, unit sales would remain unchanged and $5 of the $9 per unit costs assigned to product a would be eliminated. 1. prepare incremental cost analysis. should the company continue to manufacture product a or purchase product b for resale? (round your answers to 2 decimal places.)

Answers: 1

Answer

Business, 22.06.2019 03:00

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Answers: 1

Answer

Business, 22.06.2019 15:30

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false

Answers: 1

Answer

You know the right answer?

Ironwood Company manufactures cast-iron barbeque cookware. During a recent windstorm, it lost some o...

Questions

SAT, 20.10.2020 20:01

Half my grade: who plays Spiderman in the MCU A: Noah Schnapp B: Percy Hynes White C: Tom holland D: Noah Jupe...