ACC 202 Week 4 Assignment 1 E15-1, 15-2, 15-4&15-5

Apr 3rd, 2015
Studypool Tutor
Price: $10 USD

Tutor description

ACC 202 Week 4 Assignment 1 E15-1, 15-2, 15-4&15-5

Word Count: 648
Showing Page: 1/4
Exercise 15-1Item to ClassifyStandardActualType of VarianceLabor cost$10.00 per hour$9.60 per hourFavorableLabor usage61,000 hours61,800 hoursUnfavorableFixed cost spending$400,000$390,000FavorableFixed cost per unit (volume)$3.20 per unit$3.16 per unitFavorableSales volume40,000 units42,000 unitsFavorableSales price$3.60 per unit$3.63 per unitFavorableMaterials cost$2.90 per pound$3.00 per poundUnfavorableMaterials usage91,000 pounds90,000 poundsFavorableExercise 15-2ItemBudgetActualVarianceF or USales price$650$525$125USales revenue$580,000$600,000$20,000FCost of goods sold$385,000$360,000$25,000FMaterial purchases at 5,000 pounds$275,000$280,000$ 5,000UMaterials usage$180,000$178,000$2,000FProduction volume950 units900 units50 unitsUWages at 4,000 hours$60,000$58,700$1,300FLabor usage at $16 per hour$96,000$97,000$1,000UResearch and development expense$22,000$25,000$3,000USelling and administrative expenses$49,000$40,000$9,000FExercise 15-4 MasterBudget2,000 UnitsFlexibleBudget2,200 Unitsa. & b.VolumeVariancesSales$16,000$17,600$1,600 FVariable manufactur

Review from student

Studypool Student
" all I can say is wow very fast work, great work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1831 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors