ACCO 330 Final: InClass-Illustrations-Variances-Data.docx

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25 Apr 2015
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Xyz corporation has set up the following standards per finished output unit for direct materials and direct manufacturing labour: The number of finished output units budgeted for september 2011 was 10,000; 9,810 units were actually produced. Assume that there was no beginning inventory of either direct materials or finished units. During the month, materials purchases amounted to 100,000 kg. , at a total cost of ,000. Abc corporation applies overhead to production on the basis of standard labour hours. Unfortunately, its records were partially destroyed in a fire. Find the values of the missing information indicated by the lowercase letters (a-i): Number of labour hours expected in the master budget. Number of units expected to be produced in the master. Number of units actually produced during the period d e. Thornton inc. , a petro-chemical company, provides you with the following data for the month of. Determine the indirect cost variances for the month of august 2011.

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