Home / Questions / Georgia, Inc. has collected the following data on one of its products. The direct materials quantity
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance IS. Direct materials standard (3 lbs $1/1b) Total direct materials cost variance-unfavorable $24,250 $3 per finished unit Actual direct materials used 108,000 lbs. 27,000 units Actual finished units produced Multiple Choice $24,250 unfavorable. $27,000 favorable. $2,750 favorable. $24,250 favorable. $27,000 unfavorable. A company has an overhead application rate of 128% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $23,000? Multiple Choice $14,720 $17,969 $29,440 $294,400 $23,000 During March, a firm expects its total sales to be $156,000, its total variable costs to be $94,600, and its total fixed costs to be $24,600. The contribution margin for March is: Multiple Choice $36,800 $24,600. $119,200 $61,400. $94,600
Apr 22 2020 Read more Less More
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