What is Zanny's labor rate variance for August?

College Acct 2- Chapter 9

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Business
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
$1,917 Favorable
2.
FLASHCARD QUESTION
Front
Poorly trained workers could have an unfavorable effect on which of the following variances? Labor Rate Variance & Materials Quantity Variance, Labor Rate Variance only, Materials Quantity Variance only, Neither variance
Back
Materials Quantity Variance only
3.
FLASHCARD QUESTION
Front
A budget that adjusts based on changes in actual activity levels is called a:
Back
flexible budget.
4.
FLASHCARD QUESTION
Front
If the total standard variable cost for one unit of finished product is $90, then the standard price per foot for direct materials is:
Back
$5
5.
FLASHCARD QUESTION
Front
The total overhead cost at an activity level of 10,000 guest-days per month should be:
Back
$227,190
6.
FLASHCARD QUESTION
Front
When using a flexible budget, an increase in activity within the relevant range:
Back
increases total costs.
7.
FLASHCARD QUESTION
Front
What is the spending variance for wages and salaries in July for Ramkissoon Corp. if the actual wages and salaries were $60,000, with a cost formula of $2,025 per month plus $442 per sale for 114 actual sales?
Back
$7,587 U
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