Chapter 5.1, Problem 1OYO

Compute the equivalent cost per unit for labor

What is the company's return on investment

Please answer me this accounting question

Poonam's material quantity variance is favorable or unfavorable

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Poonam has a standard of 1.5 pounds of materials per unit, at S6 per pound. In producing 2,000 units, Poonam used 3,100 pounds of materials at a total cost of $18,135. Poonam's material quantity variance is favorable or unfavorable?

General Accounting

Subject: General Accounting

The following information describes a company's usage of direct labor in a recent period: Actual direct labor hours used 32,500 Actual rate per hour $18.00 Standard rate per hour $16.50 Standard hours for units produced 32,000 How much is the direct labor efficiency variance? Answer: $8,250 unfavorable