تكلم مع الذكاء الاصطناعي
Deck 22: Standard Costing and Variance Analysis
ملء الشاشة (f)
سؤال
سؤال
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor rate variance.
A) $1,200 F
B) $1,200 U
C) $1,290 F
D) $1,290 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor rate variance.
A) $1,200 F
B) $1,200 U
C) $1,290 F
D) $1,290 U
E) None of the above
سؤال
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $4,410 U
B) $4,410 F
C) $4,500 F
D) $4,500 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $4,410 U
B) $4,410 F
C) $4,500 F
D) $4,500 U
E) None of the above
سؤال
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $2,000 F
B) $2,000 U
C) $2,050 F
D) $2,050 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $2,000 F
B) $2,000 U
C) $2,050 F
D) $2,050 U
E) None of the above
سؤال
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the materials price variance.
A) $1,200 F
B) $1,200 U
C) $1,155 U
D) $1,155 F
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the materials price variance.
A) $1,200 F
B) $1,200 U
C) $1,155 U
D) $1,155 F
E) None of the above
سؤال
سؤال
سؤال
سؤال
سؤال
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the materials efficiency variance?
A) $1,960 U
B) $1,960 F
C) $2,000 U
D) $2,000 F
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the materials efficiency variance?
A) $1,960 U
B) $1,960 F
C) $2,000 U
D) $2,000 F
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the labor efficiency variance?
A) $4,000 U
B) $8,000 U
C) $4,000 F
D) $8,000 F
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the labor efficiency variance?
A) $4,000 U
B) $8,000 U
C) $4,000 F
D) $8,000 F
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,200 F
B) $1,200 U
C) $1,600 F
D) $1,600 U
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,200 F
B) $1,200 U
C) $1,600 F
D) $1,600 U
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the materials efficiency variance?
A) $2,500.00 U
B) $2,500.00 F
C) $2,537.50 U
D) $2,537.50 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the materials efficiency variance?
A) $2,500.00 U
B) $2,500.00 F
C) $2,537.50 U
D) $2,537.50 F
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the labor efficiency variance?
A) $5,970 U
B) $6,000 U
C) $5,970 F
D) $6,000 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the labor efficiency variance?
A) $5,970 U
B) $6,000 U
C) $5,970 F
D) $6,000 F
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead spending variance?
A) $3,000 F
B) $3,000 U
C) $4,500 F
D) $4,500 U
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead spending variance?
A) $3,000 F
B) $3,000 U
C) $4,500 F
D) $4,500 U
E) None of the above
سؤال
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,500 U
B) $1,500 F
C) $3,000 U
D) $3,000 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,500 U
B) $1,500 F
C) $3,000 U
D) $3,000 F
E) None of the above
سؤال
Martin Corporation's accountant provided the following information:
If there is a $3,750 Favorable variable overhead efficiency variance, what is the variable overhead spending variance?
If there is a $3,750 Favorable variable overhead efficiency variance, what is the variable overhead spending variance? سؤال
The following data relates to Pokagon Corporation's operations for the month. Pokagon produced 4,800 units and the normal monthly capacity is 20,000 direct labor hours.
Use fork diagrams to calculate the following variances:
a. Materials price variance
b. Materials efficiency variance
c. Labor rate variance
d. Labor efficiency variance
e. Variable overhead spending variance
f. Variable overhead efficiency variance
Use fork diagrams to calculate the following variances:a. Materials price variance
b. Materials efficiency variance
c. Labor rate variance
d. Labor efficiency variance
e. Variable overhead spending variance
f. Variable overhead efficiency variance
سؤال
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1/19
العب
ملء الشاشة (f)
Deck 22: Standard Costing and Variance Analysis
1
An unfavorable direct labor rate variance is recorded as a debit.
True
2
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor rate variance.
A) $1,200 F
B) $1,200 U
C) $1,290 F
D) $1,290 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor rate variance.
A) $1,200 F
B) $1,200 U
C) $1,290 F
D) $1,290 U
E) None of the above
$1,290 F
3
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $4,410 U
B) $4,410 F
C) $4,500 F
D) $4,500 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $4,410 U
B) $4,410 F
C) $4,500 F
D) $4,500 U
E) None of the above
$4,500 U
4
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $2,000 F
B) $2,000 U
C) $2,050 F
D) $2,050 U
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the labor efficiency variance.
A) $2,000 F
B) $2,000 U
C) $2,050 F
D) $2,050 U
E) None of the above
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5
Use the following information to answer the following Questions
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the materials price variance.
A) $1,200 F
B) $1,200 U
C) $1,155 U
D) $1,155 F
E) None of the above
The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
-Determine the materials price variance.
A) $1,200 F
B) $1,200 U
C) $1,155 U
D) $1,155 F
E) None of the above
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6
Use the following information to answer the following Questions
Kraig Fencing considers 4,000 direct labor hours or 100 fences to be its normal monthly capacity. Its standard variable overhead rate is $9 per direct labor hour. During the current month, $33,500 of variable overhead costs were incurred in working 3,800 direct labor hours to complete 92 fences.
-What is the variable overhead efficiency variance?
A) $1,080 U
B) $1,080 F
C) $1,800 U
D) $1,800 F
E) None of the above
Kraig Fencing considers 4,000 direct labor hours or 100 fences to be its normal monthly capacity. Its standard variable overhead rate is $9 per direct labor hour. During the current month, $33,500 of variable overhead costs were incurred in working 3,800 direct labor hours to complete 92 fences.
-What is the variable overhead efficiency variance?
A) $1,080 U
B) $1,080 F
C) $1,800 U
D) $1,800 F
E) None of the above
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7
Use the following information to answer the following Questions
Phillips Fencing considers 6,000 direct labor hours or 200 fences to be its normal monthly capacity. Its standard variable overhead rate is $7 per direct labor hour. During the current month, $44,500 of variable overhead costs were incurred in working 6,200 direct labor hours to complete 215 fences.
-What is the variable overhead spending variance?
A) $1,100 F
B) $2,500 F
C) $1,100 U
D) $2,500 U
E) None of the above
Phillips Fencing considers 6,000 direct labor hours or 200 fences to be its normal monthly capacity. Its standard variable overhead rate is $7 per direct labor hour. During the current month, $44,500 of variable overhead costs were incurred in working 6,200 direct labor hours to complete 215 fences.
-What is the variable overhead spending variance?
A) $1,100 F
B) $2,500 F
C) $1,100 U
D) $2,500 U
E) None of the above
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8
Use the following information to answer the following Questions
Phillips Fencing considers 6,000 direct labor hours or 200 fences to be its normal monthly capacity. Its standard variable overhead rate is $7 per direct labor hour. During the current month, $44,500 of variable overhead costs were incurred in working 6,200 direct labor hours to complete 215 fences.
-What is the variable overhead efficiency variance?
A) $1,400 U
B) $1,750 U
C) $1,400 F
D) $1,750 F
E) None of the above
Phillips Fencing considers 6,000 direct labor hours or 200 fences to be its normal monthly capacity. Its standard variable overhead rate is $7 per direct labor hour. During the current month, $44,500 of variable overhead costs were incurred in working 6,200 direct labor hours to complete 215 fences.
-What is the variable overhead efficiency variance?
A) $1,400 U
B) $1,750 U
C) $1,400 F
D) $1,750 F
E) None of the above
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9
Use the following information to answer the following Questions
Landreth Fencing considers 3,000 direct labor hours or 50 fences to be its normal monthly capacity. Its standard variable overhead rate is $12 per direct labor hour. During the current month, $29,800 of variable overhead costs were incurred in working 2,950 direct labor hours to complete 45 fences.
-What is the variable overhead spending variance?
A) 5,600 F
B) 5,600 U
C) 6,200 F
D) 6,200 U
E) None of the above
Landreth Fencing considers 3,000 direct labor hours or 50 fences to be its normal monthly capacity. Its standard variable overhead rate is $12 per direct labor hour. During the current month, $29,800 of variable overhead costs were incurred in working 2,950 direct labor hours to complete 45 fences.
-What is the variable overhead spending variance?
A) 5,600 F
B) 5,600 U
C) 6,200 F
D) 6,200 U
E) None of the above
فتح الحزمة
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10
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the materials efficiency variance?
A) $1,960 U
B) $1,960 F
C) $2,000 U
D) $2,000 F
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the materials efficiency variance?
A) $1,960 U
B) $1,960 F
C) $2,000 U
D) $2,000 F
E) None of the above
فتح الحزمة
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k this deck
11
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the labor efficiency variance?
A) $4,000 U
B) $8,000 U
C) $4,000 F
D) $8,000 F
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the labor efficiency variance?
A) $4,000 U
B) $8,000 U
C) $4,000 F
D) $8,000 F
E) None of the above
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 19 في هذه المجموعة.
فتح الحزمة
k this deck
12
Use the following information to answer the following Questions
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,200 F
B) $1,200 U
C) $1,600 F
D) $1,600 U
E) None of the above
The following data relates to Koontz Corporation's operations for the month. 1,000 finished units of product were produced and the normal monthly capacity is 2,200 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,200 F
B) $1,200 U
C) $1,600 F
D) $1,600 U
E) None of the above
فتح الحزمة
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k this deck
13
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the materials efficiency variance?
A) $2,500.00 U
B) $2,500.00 F
C) $2,537.50 U
D) $2,537.50 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the materials efficiency variance?
A) $2,500.00 U
B) $2,500.00 F
C) $2,537.50 U
D) $2,537.50 F
E) None of the above
فتح الحزمة
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14
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the labor efficiency variance?
A) $5,970 U
B) $6,000 U
C) $5,970 F
D) $6,000 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the labor efficiency variance?
A) $5,970 U
B) $6,000 U
C) $5,970 F
D) $6,000 F
E) None of the above
فتح الحزمة
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15
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead spending variance?
A) $3,000 F
B) $3,000 U
C) $4,500 F
D) $4,500 U
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead spending variance?
A) $3,000 F
B) $3,000 U
C) $4,500 F
D) $4,500 U
E) None of the above
فتح الحزمة
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16
Use the following information to answer the following Questions
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,500 U
B) $1,500 F
C) $3,000 U
D) $3,000 F
E) None of the above
The following data relates to Camire Corporation's operations for the month. 3,000 finished units of product were produced and the normal monthly capacity is 4,800 direct labor hours.
-What is the variable overhead efficiency variance?
A) $1,500 U
B) $1,500 F
C) $3,000 U
D) $3,000 F
E) None of the above
فتح الحزمة
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17
Martin Corporation's accountant provided the following information:
If there is a $3,750 Favorable variable overhead efficiency variance, what is the variable overhead spending variance?
If there is a $3,750 Favorable variable overhead efficiency variance, what is the variable overhead spending variance? فتح الحزمة
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18
The following data relates to Pokagon Corporation's operations for the month. Pokagon produced 4,800 units and the normal monthly capacity is 20,000 direct labor hours.
Use fork diagrams to calculate the following variances:
a. Materials price variance
b. Materials efficiency variance
c. Labor rate variance
d. Labor efficiency variance
e. Variable overhead spending variance
f. Variable overhead efficiency variance
Use fork diagrams to calculate the following variances:a. Materials price variance
b. Materials efficiency variance
c. Labor rate variance
d. Labor efficiency variance
e. Variable overhead spending variance
f. Variable overhead efficiency variance
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19
What are variances?
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