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Question


81.
Europa Company manufactures only one product. Presented below is direct labor
information for November.










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The direct labor
flexible-budget variance is:



A.
$26,624.00 unfavorable. 

B.
$31,948.80 unfavorable. 

C.
$39,936.00 favorable. 

D.
$71,884.80 favorable. 

E.
$103,833.60 favorable. 



82. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December: 































The actual
direct materials purchase price per kilogram is:



A.
$11.80. 

B.
$11.96. 

C.
$12.04. 

D.
$12.20. 

E.
$12.50. 



83. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December: 































The actual total
cost of direct materials used in production is:



A.
$458,068. 

B.
$459,862. 

C.
$461,132. 

D.
$462,938. 

E.
$478,400. 



84.Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:

































The direct
materials usage variance for December is:



A.
$1,800 unfavorable. 

B.
$1,800 favorable. 

C.
$59,400 unfavorable. 

D.
$59,400 favorable. 



85. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December: 































The direct labor
rate variance for December is:



A.
$1,590 favorable. 

B.
$5,650 favorable. 

C.
$7,790 unfavorable. 

D.
$24,410 unfavorable. 

E.
$59,410 unfavorable. 



86. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December: 































The direct labor
efficiency variance for December is:



1
$1,590 favorable. 

2
$5,650 favorable. 

3
$7,240 unfavorable. 

4
$59,410 unfavorable. 



87. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December: 































The direct labor
flexible-budget variance of the period is:



A.
$1,590 favorable. 

B.
$5,650 unfavorable. 









C.
$7,040 unfavorable. 

D.
$9,830 unfavorable. 



88.
Kennedy Inc. has the following data for its operation in August:

































What was the
actual purchase price per unit?



A.
$3.35. 

B.
$3.40. 

C.
$3.72. 

D.
$3.80. 

E.
$3.85. 



89.
Kennedy Inc. has the following data for its operation in August:

































What was the
direct materials usage variance in August?



A.
$180 unfavorable. 

B.
$360 unfavorable. 

C.
$540 favorable. 

D.
$540 unfavorable. 

E.
$720 unfavorable. 



90.
Matinna Co. maintains no inventories and has the following data pertaining to
one of its direct materials in July:

















All materials
purchased during the month were issued to production. What was the direct
materials purchase-price variance for July?



A.
$1,500 favorable. 

B.
$3,000 unfavorable. 

C.
$3,000 favorable. 

D.
$7,500 unfavorable. 

E.
$7,500 favorable. 



91.
Matinna Co. maintains no inventories and has the following data pertaining to
one of its direct materials in July:

















What was the
company's direct materials flexible-budget (FB) variance for July?



A.
$1,500 favorable. 

B.
$3,000 unfavorable. 

C.
$3,000 favorable. 

D.
$7,500 unfavorable. 

E.
$7,500 favorable. 



92.

















Prokp
Co.'s records for April disclosed the following data relating to direct labor:



















Prokp's standard
direct labor rate per hour in April was:



A.
$16.00. 

B.
$18.00. 

C.
$20.00. 

D.
$24.00. 

E.
$26.67. 



93.
Prokp Co.'s records for April disclosed the following data relating to direct
labor:

















Prokp's total
standard direct labor hours for units produced in April were:



A.
890. 

B.
900. 

C.
1,000. 

D.
1,100. 

E.
1,110. 



94.
Prokp Co.'s records for April disclosed the following data relating to direct
labor:

















Prokp's total
standard direct labor cost for the output in April was:



A.
$17,600. 

B.
$21,600. 

C.
$22,400. 

D.
$24,000. 

E.
$26,400. 



95.
Marv Company's direct labor costs for manufacturing its only product were as
follows for October:





















The direct labor
efficiency variance for October was:



A.
$3,000 unfavorable. 

B.
$20,000 favorable. 

C.
$23,000 favorable. 

D.
$30,000 unfavorable. 

E.
$50,000 unfavorable. 



96.
Marv Company's direct labor costs for manufacturing its only product were as
follows for October:























The direct labor
rate variance for October was:



A.
$3,000 unfavorable. 

B.
$20,000 favorable. 

C.
$23,000 favorable. 

D.
$30,000 unfavorable. 

E.
$50,000 unfavorable. 



97.



Marv Company's
direct labor costs for manufacturing its only product were as follows for
October:























The total direct
labor variance for October was:



A.
$7,000 unfavorable. 

B.
$9,000 favorable. 

C.
$9,000 unfavorable. 

D.
$32,000 favorable. 

E.
$54,000 unfavorable. 



98.
Mandy Company has the following direct labor costs last month:















What was Mandy's
standard direct labor rate per hour?



A.
$43.20. 

B.
$45.60. 

C.
$48.00. 

D.
$52.20. 



99.
Mandy Company has the following direct labor costs last month:

















What was Mandy's
actual direct labor rate per hour?



A.
$43.20. 

B.
$45.60. 

C.
$48.00. 

D.
$52.20. 

E.
$54.00. 



100.
Mandy Company has the following direct labor costs last month:

















What was Mandy's
direct labor rate variance?



A.
$15,120 unfavorable. 

B.
$20,880 unfavorable. 

C.
$23,490 unfavorable. 

D.
$42,480 favorable.