Chapter 13, Problem 13.8E

PepsiCo Tools includes 5hours of direct labor at $15 per hour in the standard cost of Product PP. The predetermined overhead rate is $26 per direct labor hour. During October, the company incurred 5,400 hours of direct labor at an average rate of $14.80 per hour and $134,800 of manufacturing overhead costs. It produced 1,100 units. Compute the total overhead variance.

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Monarch Industries reported net sales of $93,000. The beginning accounts receivable was $16,400, and the ending accounts receivable was $20,600. What is the days sales collected for Monarch Industries? (Rounded answer to nearest day)

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The unit cost of direct material is

Harriet Corporation manufactures kitchen appliances. During the month with highest production, 5,200 mixers were manufactured at a total cost of $78,000. In the month of lowest production, the company made 2,800 mixers at a cost of $51,000. Using the high-low method of cost estimation, total fixed costs are

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Compute the sales price variance for March 2024