Brussels Chocolate Company produces chocolates in large batches. One batch of chocolate has the following standard costs and amounts: Standard kilograms of sugar 125 Standard cost per kilogram of sugar $1.60 Standard direct labour hours 0.75 Standard direct labour cost per hour $21.00 Brussels Chocolate Company produced 600 batches of chocolates in the most recent month. Actual input costs and per batch usage levels were as follows: Actual kilograms of sugar used 126 Actual cost per kilogram of sugar $1.65 Actual direct labour hours 0.80 Actual direct labour cost per hour $20.75 Required: Calculate the following variances and identify if they are Favorable (F) or Un-Favorable (U) variances. A. Calculate the total material input rate variance. B. Calculate the total material efficiency variance. C. Calculate the total labour rate variance. D. Calculate the total labour efficiency variance.
Blog
A costing system which focuses on individual event or tasks…
A costing system which focuses on individual event or tasks as the cost pool to be allocated is called
Globus Autos sells a single product. 8,100 units were sold r…
Globus Autos sells a single product. 8,100 units were sold resulting in $84,000 of sales revenue, $25,000 of variable costs, and $14,000 of fixed costs. If Globus reduces the selling price by $1.10 per unit, the new margin of safety is ________. (Round any intermediary calculations to the nearest cent.)
What adaptation allows seeds to remain dormant until conditi…
What adaptation allows seeds to remain dormant until conditions are favorable?
A botanist finds a plant that produces spores and has vascul…
A botanist finds a plant that produces spores and has vascular tissue. Which of the following could it be?
What is the main role of phytoplankton in aquatic ecosystems…
What is the main role of phytoplankton in aquatic ecosystems?
Which adaptation allows plants to reproduce without water?
Which adaptation allows plants to reproduce without water?
Fern reproduction requires water for sperm to reach the egg.
Fern reproduction requires water for sperm to reach the egg.
Protists are mostly:
Protists are mostly:
(4.6 points for the correct answer. 1 bonus point if you hav…
(4.6 points for the correct answer. 1 bonus point if you have correctly answered five of Questions 1 through 5 and Question 7.) A programmer writes 620 lines of computer code in 15 days. Then there must have at least 1 day when the programmer wrote 41 or more lines of code