Quantity variance for direct material amp direct labor -, Ask an Expert

Management Studies

Quantity Variance for Direct Material & Direct Labor

Scenario: Shanghai Toy Company produces 10,000 stuffed bears. The standard direct-material allowance is 1.75 kilograms per bear, at a cost per kilo of $3. Actually, 16,500 kilos if materials (input) were used to produce the 10,000 bears (output). Similarly, the standard allowance for direct labor is 4.6 hours to produce one bear, and the standard hourly cost is $6. But 46,700 hours (input) were used to produce the 10,000 bears.

Question: Compute the quantity variances for direct materials and direct labor.

View complete question

HR Management, Management Studies

Category:- HR Management
Reference No.:- M9216701

Have any Question?Write your Review or question?

Related Questions in HR Management

Question read the primary care scenario located in the

Question: Read the Primary Care scenario, located in the Allied Health Community. Be sure to review the Instructions and Legend information. In a total of 500-750 words, respond to the questions located in the Hospital C ...

1 what are the pros and cons of downsizing through

1. What are the pros and cons of downsizing through attrition? 2. Discuss the differences between a linear career and a transitory career. 3. Explain how to find a favorable business climate - especially in a foreign cou ...

Question your abs should be frac12 to frac34 pages long it

Question: Your AB's should be ½ to ¾ pages long. It should be double-spaced, and you are to use Times new Roman 12 font. You are required to read two articles and complete an annotated bibliography for each article (scho ...

1 what does it mean to say that information can be

1. What does it mean to say that information can be separated from its physical product? What does this imply for pricing information? 2. What is the role of headquarters and the CEO in factory-type firm? What is their r ...

Discussion 1 compare and contrast the four models for

Discussion 1: Compare and Contrast the Four Models for Proposal Development When developing and implementing a grant proposal, the grantee must consider the project structure and four models for proposal development. Und ...

Question for this weeks topic i chose to answer the

Question: For this week's topic I chose to answer the question, how does diversity affect the organization's work/life balance, and what ethical considerations exist that may drive the organization to be more work/life b ...

First bank has recently begun to offer internet banking to

'First Bank' has recently begun to offer Internet banking to extend its range of services to the customer and decrease the demand on branch personnel. However, the web site has been experiencing difficulties with a slow ...

Question please number each question1 the textbook

Question: PLEASE NUMBER EACH QUESTION 1) The textbook discussed one important aspect of major focusing events, are the political issues that can affect response and recovery efforts. In major catastrophes, such as Hurric ...

A catering company prepared and served 325 meals at an

A catering company prepared and served 325 meals at an anniversary celebration last week using nine workers. The week before, seven workers prepared and served 245 meals at a wedding reception. a1. Calculate the labor pr ...

Discussion healthcare systems are huge complex and

Discussion: Healthcare systems are huge, complex, and constantly changing as they respond to economic, technological, social, and historical factors. The availability of technology has a profound effect on the health car ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask HR Management Expert