Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. appendix haddas ltd. makes healthy life, a nutriti

Appendix Haddas Ltd. makes Healthy Life, a nutritional aid. For a 50-pound batch,...

90.2K

Verified Solution

Question

Accounting

image

Appendix Haddas Ltd. makes Healthy Life, a nutritional aid. For a 50-pound batch, standard material and labor costs are as follows: Quantity Unit Price Total 23.0 pounds 27.0 pounds 10 pounds 0.8 hour 0.2 hour $0.18 per pound $4.14 0.11 per pound 2.97 0.06 per pound 0.60 14.00 per hour 11.20 7.00 per hour1.40 Wheat Barley Corn Skilled labor Unskilled labor During June, the following materials and labor were used in producing 600 batches of Healthy Life: Wheat Barley Corn Skilled labor Unskilled labor a. Calculate the material quantity, mix, and yield variances. Round your answers to the nearest dollar Material Mix Variance Material Yield Variance 17,400 pounds @ $0.20 per pound 15,500 pounds @ $0.12 per pound 10,300 pounds @ $0.09 per pound 390 hours $14.20 per hour 290 hours @ $7.90 per hour Favorable Unfavorable Material quantity variance b. Calculate the labor efficiency, mix, and yield variances Labor Mix Variance Unfavorable Favorable Labor Yield Variance Unfavorable Labor Efficiency Variance Unfavorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

How were Native Americans racially classfied by United states colonists? How do they fit into the...

Physics
1.2K views

A potentiometer wire 10 m long has a resistance of 40 Q It is connected...

Physics
1.2K views

rotating Three wire loops and an observer are positioned as shown in the figure From...

Algebra
1.2K views

2 A system of equations is given as 8x x 3x3 16 x x 4x3...

Algebra
1.2K views

Use the given function f to answer parts a through f below f x In...

Accounting
1.2K views

Mr. and Mrs. Jones had an extensive flood in their basement. They incurred casualty losses...

Accounting
1.2K views

You are trying to estimate the value of a 2,000 property with a traditional design...

Accounting
1.2K views

balance sheet 2023if you see "cash and cash equivalents" and "retained earning" have been increased...

Accounting
1.2K views

Lubricants, Inc., produces a special kind of grease that is widely used by race car...

Accounting
1.2K views

Tony and Suzie graduate from college in May 2021 and begin developing their new business....

Accounting
1.2K views

S13-2 Journalizing issuance of stock-at par and at a premium Coastal Corporation has two clases...

Finance
1.2K views

identify and discuss key factors that a company should consider in evaluating whether to pursue...