accounts data bank

81. Europa Company manufactures only one product. Presented below is direct labor information for November.
The direct labor flexible-budget variance is:
A. $26,624.00 unfavorable.
B. $31,948.80 unfavorable.
C. $39,936.00 favorable.
D. $71,884.80 favorable.
E. $103,833.60 favorable.
82. Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The actual direct materials purchase price per kilogram is:
A. $11.80.
B. $11.96.
C. $12.04.
D. $12.20.
E. $12.50.
83. Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The actual total cost of direct materials used in production is:
A. $458,068.
B. $459,862.
C. $461,132.
D. $462,938.
E. $478,400.
84.Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The direct materials usage variance for December is:
A. $1,800 unfavorable.
B. $1,800 favorable.
C. $59,400 unfavorable.
D. $59,400 favorable.
85. Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The direct labor rate variance for December is:
A. $1,590 favorable.
B. $5,650 favorable.
C. $7,790 unfavorable.
D. $24,410 unfavorable.
E. $59,410 unfavorable.
86. Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The direct labor efficiency variance for December is:
1 $1,590 favorable.
2 $5,650 favorable.
3 $7,240 unfavorable.
4 $59,410 unfavorable.
87. Shade Company adopted a standard cost system several years ago. The standard costs for direct labor and direct materials for its single product are as follows: Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5 hours x $20.00 per hour) = $70.00/unit. All materials were issued at the beginning of processing. The operating data shown below were taken from the records for December:
The direct labor flexible-budget variance of the period is:
A. $1,590 favorable.
B. $5,650 unfavorable.
C. $7,040 unfavorable.
D. $9,830 unfavorable.
88. Kennedy Inc. has the following data for its operation in August:
What was the actual purchase price per unit?
A. $3.35.
B. $3.40.
C. $3.72.
D. $3.80.
E. $3.85.
89. Kennedy Inc. has the following data for its operation in August:
What was the direct materials usage variance in August?
A. $180 unfavorable.
B. $360 unfavorable.
C. $540 favorable.
D. $540 unfavorable.
E. $720 unfavorable.
90. Matinna Co. maintains no inventories and has the following data pertaining to one of its direct materials in July:
All materials purchased during the month were issued to production. What was the direct materials purchase-price variance for July?
A. $1,500 favorable.
B. $3,000 unfavorable.
C. $3,000 favorable.
D. $7,500 unfavorable.
E. $7,500 favorable.
91. Matinna Co. maintains no inventories and has the following data pertaining to one of its direct materials in July:
What was the company's direct materials flexible-budget (FB) variance for July?
A. $1,500 favorable.
B. $3,000 unfavorable.
C. $3,000 favorable.
D. $7,500 unfavorable.
E. $7,500 favorable.
92.
Prokp Co.'s records for April disclosed the following data relating to direct labor:
Prokp's standard direct labor rate per hour in April was:
A. $16.00.
B. $18.00.
C. $20.00.
D. $24.00.
E. $26.67.
93. Prokp Co.'s records for April disclosed the following data relating to direct labor:
Prokp's total standard direct labor hours for units produced in April were:
A. 890.
B. 900.
C. 1,000.
D. 1,100.
E. 1,110.
94. Prokp Co.'s records for April disclosed the following data relating to direct labor:
Prokp's total standard direct labor cost for the output in April was:
A. $17,600.
B. $21,600.
C. $22,400.
D. $24,000.
E. $26,400.
95. Marv Company's direct labor costs for manufacturing its only product were as follows for October:
The direct labor efficiency variance for October was:
A. $3,000 unfavorable.
B. $20,000 favorable.
C. $23,000 favorable.
D. $30,000 unfavorable.
E. $50,000 unfavorable.
96. Marv Company's direct labor costs for manufacturing its only product were as follows for October:
The direct labor rate variance for October was:
A. $3,000 unfavorable.
B. $20,000 favorable.
C. $23,000 favorable.
D. $30,000 unfavorable.
E. $50,000 unfavorable.
97.
Marv Company's direct labor costs for manufacturing its only product were as follows for October:
The total direct labor variance for October was:
A. $7,000 unfavorable.
B. $9,000 favorable.
C. $9,000 unfavorable.
D. $32,000 favorable.
E. $54,000 unfavorable.
98. Mandy Company has the following direct labor costs last month:
What was Mandy's standard direct labor rate per hour?
A. $43.20.
B. $45.60.
C. $48.00.
D. $52.20.
99. Mandy Company has the following direct labor costs last month:
What was Mandy's actual direct labor rate per hour?
A. $43.20.
B. $45.60.
C. $48.00.
D. $52.20.
E. $54.00.
100. Mandy Company has the following direct labor costs last month:
What was Mandy's direct labor rate variance?
A. $15,120 unfavorable.
B. $20,880 unfavorable.
C. $23,490 unfavorable.
D. $42,480 favorable.

-
Rating:
5/
Solution: accounts data bank