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Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038

Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 73P: The Lubbock plant of Morrils Small Motor Division produces a major subassembly for a 6.0 horsepower...
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Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038
Transcribed Image Text:Vender Company produces several products in its factory, including a karate robe. The company uses a standard cost month and produce 1,950 robes. Certain standard costs associated with this level of production are as follows: system. Aceording to the standards that have been set for the robes, the factory should work 780 direct labor hours eac 0.4hours/ Phob Direct labor Per unit of Product $3.60 Total Variable manufacturing overhead (based on DLH) $7,020 $2.340 $1.20 During April, the factory worked 760 direct labor hours and produced 2,000 robes. The following certain actual costs were recorded during the month Per unit of Product $1.90 Variable manufacturing overhead Total $3,800 ospending variance for Direct Labor: S 400.00 unfavorable The labor rate variance is: 760 unfavorable stardard houns Actual hours Actual hour S S 760 favorable C. S 360 favorable D. Actual rate 7694 76 s E. None of the above 360 unfavorable standard Rati 760 standarol rat 9 フ020 7,4210 16,840 400 hcne var Aendung vowance standara hours 780 hate van 5 The variable overhead efficiency variance is: 120 unfavorable $ Achial hours760 B. $ 120 favorable 360 favorable 360 unfavorable X C. $ D. S Stardard Rate x 3 X 3 St Rata 2,280 E. None of the above 2, 340 Lilac Corporation uses standard costing. The following data are available for April: ethciencs vanance 12.200 eallons 038
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