The following data is given for the Stringer Company: Budgeted production 925 units Actual production 1,005 units Materials: Standard price per ounce $1.84 Standard ounces per completed unit 12 Actual ounces purchased and used in production 12,422 Actual price paid for materials $25,465 Labor: Standard hourly labor rate $14.04 per hour Standard hours allowed per completed unit 4.7 Actual labor hours worked 5,175.75 Actual total labor costs $78,930 Overhead: Actual and budgeted fixed overhead $1,007,000 Standard variable overhead rate $28.00 per standard labor hour Actual variable overhead costs $144,921 Overhead is applied on standard labor hours. What is the direct materials quantity variance?
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Marshall Corporation had $220,000 in invested assets, sales…
Marshall Corporation had $220,000 in invested assets, sales of $242,000, income from operations of $66,000, and a desired minimum rate of return of 3%. What is the rate of return on investment for Marshall?
What is a practical approach that is frequently used by mana…
What is a practical approach that is frequently used by managers when setting normal long-run prices?
Traditional police organization culture stressed the importa…
Traditional police organization culture stressed the importance of :
The FBI has made a number of changes to respond to terrorism…
The FBI has made a number of changes to respond to terrorism in the wake of 9/11. Most significantly, it has created an office of_______.
How much police work is related to criminal law enforcement?
How much police work is related to criminal law enforcement?
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How much discretion do police officers have in handling domestic disturbances?
Most of the crimes that come to the attention of the police…
Most of the crimes that come to the attention of the police are the result of a citizen report.
A cost that will NOT be affected by later decisions is terme…
A cost that will NOT be affected by later decisions is termed a(n)
The homeless problem increased significantly in the ________…
The homeless problem increased significantly in the _________.