Q1// The Tryon manufacturing company manufactures the product TRYAD in standar batches of 100 units, a standard cost system is used. the standard material and labor costs pe batch are: The standard cost Cost per batch Raw materials (70 lbs. @ 0.50 S per lb.) 35 $ Direct labor (40 hours @ 2.75 S per hour) 110 $ Production for November amounted to 210 batches. The actual cost for material and labo was: The Actual cost Cost Raw materials 14500 lbs. 7975 S Direct labor 8505 hours 25515 $ Required: the variance analysis for labor.
Q1// The Tryon manufacturing company manufactures the product TRYAD in standar batches of 100 units, a standard cost system is used. the standard material and labor costs pe batch are: The standard cost Cost per batch Raw materials (70 lbs. @ 0.50 S per lb.) 35 $ Direct labor (40 hours @ 2.75 S per hour) 110 $ Production for November amounted to 210 batches. The actual cost for material and labo was: The Actual cost Cost Raw materials 14500 lbs. 7975 S Direct labor 8505 hours 25515 $ Required: the variance analysis for labor.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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