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Other Fields Homework Help Accounting Topic started by: Deprecated on Sep 20, 2016



Title: Allen Boating Company manufactures special metallic materials and decorative fittings for luxury ...
Post by: Deprecated on Sep 20, 2016
Allen Boating Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Allen uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:

Direct materials: 1 pound per unit; $11 per pound
Direct labor: 4 hours per unit; $19 per hour

Allen produced 4,000 units during the quarter. At the end of the quarter, an examination of the direct materials records showed that the company used 7,500 pounds of direct materials and actual total materials costs were $99,300.

What is the direct materials efficiency variance?
A) $38,500 U
B) $44,000 F
C) $38,500 F
D) $44,000 U


Title: Re: Allen Boating Company manufactures special metallic materials and decorative fittings for luxury ...
Post by: Mrgo-breed on Sep 20, 2016
Content hidden


Title: Re: Allen Boating Company manufactures special metallic materials and decorative fittings for luxury ...
Post by: Deprecated on Oct 12, 2016
Will mark this subject solved, thanks


Title: Re: Allen Boating Company manufactures special metallic materials and decorative fittings for luxury ...
Post by: Mrgo-breed on Oct 16, 2016
I'm liking this :)