Paw-Paw Products Paw-Paw Products produces and sells flannel covered dogbeds. In the current year, Paw-Paw had expected to sell 8,000 beds but actually produced and sold 8,500 beds. The following information is available regarding the standard cost to produce a single dogbed: Direct materials: 5 yards at $1.50 per yard Direct labor: 40 minutes at $.20 per minute In the current year, 44,000 yards
of material were purchased and used at a cost of $1.60 per yard and 365,500 direct labor minutes were incurred at a cost of $.23 per minute. Refer to the Paw-Paw Products information above. The company's direct labor efficiency variance for the current year is:
A) $ 5,100 U.
B) $ 9,100 U.
C) $ 5,865 F.
D) $20,065 F.
A
You might also like to view...
Which of the following is true with regard to the product/expansion grid?
A) It classifies SBUs into four distinct categories. B) It is a useful device for identifying growth opportunities. C) It helps companies analyze their internal strengths and weaknesses. D) It functions on the premise that firms should downsize to regain market share. E) It is a useful device for segregating customers into distinct categories.
A functional résumé could be best for you when:?
A) ?you have a gap in your work history. B) you are underqualified for a job. C) ?your education or experience is scant. D) ?you have progressed up a clearly defined career ladder.
When interest rates are stated or given for loan repayments, it is not assumed that they are annual percentage rates (APRs) unless specifically stated otherwise
Indicate whether the statement is true or false.
Retailers of which of the following products would likely have the highest stockturn rate?
A. fresh seafood B. furniture C. women's clothing D. bowling balls E. hardware