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book Accounting for Decision Making and Control 9th Edition by Jerold Zimmerman cover

Accounting for Decision Making and Control 9th Edition by Jerold Zimmerman

النسخة 9الرقم المعياري الدولي: 978-1259564550
book Accounting for Decision Making and Control 9th Edition by Jerold Zimmerman cover

Accounting for Decision Making and Control 9th Edition by Jerold Zimmerman

النسخة 9الرقم المعياري الدولي: 978-1259564550
تمرين 1
Domingo Cigars
Domingo Cigars      Required:  a. The piece rate for each cigar type is based on the standard labor minutes for each cigar and a $3.00 per hour wage rate. Calculate the piece rate per cigar paid for panatellas, coronas, and churchills.  b. Calculate the tobacco price variance.  c. Calculate the tobacco quantity variances for each type of cigar.  d. Calculate the labor efficiency variances for each type of cigar. e. Analyze the quantity and labor efficiency variances calculated in parts (c) and (d) above. What managerial implications do you draw from these variances?  f. What suggested changes would you recommend to Domingo Cigars's management? Be specific. Case
Required:
a. The piece rate for each cigar type is based on the standard labor minutes for each cigar and a $3.00 per hour wage rate. Calculate the piece rate per cigar paid for panatellas, coronas, and churchills.
b. Calculate the tobacco price variance.
c. Calculate the tobacco quantity variances for each type of cigar.
d. Calculate the labor efficiency variances for each type of cigar. e. Analyze the quantity and labor efficiency variances calculated in parts (c) and (d) above. What managerial implications do you draw from these variances?
f. What suggested changes would you recommend to Domingo Cigars's management? Be specific. Case
التوضيح
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Standard Costing
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Accounting for Decision Making and Control 9th Edition by Jerold Zimmerman
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