Posted: February 1st, 2021

Sonne company produces a perfume called whim

Sonne Company produces a perfume called Whim. The direct materials and direct labor standards for one bottle of Whim are given below:

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

 

During the most recent month, the following activity was recorded:

  1. Twenty thousand ounces of material were purchased at a cost of $2.40 per ounce.
  2. All of the material was used to produce 2,500 bottles of Whim.
  3. Nine hundred hours of direct labor time were recorded at a total labor cost of $10,800.

Answer the following:

  1. Compute the direct materials quantity and price variances for the month.
  2. Compute the direct labor efficiency and rate variances for the month.

 

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper

 

Part 2:

 

Refer to the information above. Assume that instead of producing 2,500 bottles of Whim during the month, the company produced only 2,000 bottles using 16,000 ounces of material. (The rest of the material purchased remained in raw materials inventory.)

Compute the direct materials quantity and price variances for the month.

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
error: Content is protected !!
Open chat
1
Order through WhatsApp!
affordablepaperwritings.com
Hello!
You Can Now Place your Order through WhatsApp
 

 

Order your essay today and save 30% with the discount code DISCOUNTS2022