29 Jul HURON COMPANY PRODUCES A COMMERCIAL CLEANING
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow: Standard Quantityor HoursStandard Priceor RateStandardCost Direct materials4.00 kilograms$1.90 per kilogram$ 7.60 Direct labour0.40 hour$12.00 per hour4.80 Variable overhead0.40 hour$2.00 per hour0.80 The budgeted fixed overhead cost is $14,615 per month. The denominator activity level of the allocation base is 800 direct labour-hours. During the most recent month, the following activity was recorded:a.9,500 kilograms of material were purchased at a cost of $2.21 per kilogram.b.A total of 850 hours of direct labour time was recorded at a total labour cost of $9,190.c.The variable overhead cost was $1,580, and the fixed overhead cost was $14,704. Assume that the company produced 1,300 units during the month, using 6,600 kilograms of material in the production process. (The rest of the material purchased remained in inventory.)Required:1.Compute the direct materials price and quantity variances for the month. (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i.e., zero variance).)
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.