Questions from Cost Accounting

Q: Refer to the data in Exercise 16-32 and the analysis

Refer to the data in Exercise 16-32 and the analysis in Exercise 16-33. Required Prepare a profit variance analysis for Fournier Fixtures like the one in Exhibit 16.5. Exercise 16-32:

Q: Refer to the information in Exercise 16-38. The following

Refer to the information in Exercise 16-38. The following is the actual income statement (in thousands of dollars) for the year for Golden Food Products: Required Prepare a profit variance analysis li...

Q: The standard direct material cost per unit for Willis Group was $

The standard direct material cost per unit for Willis Group was $124 (= $31 per gallon × 4 gallons per unit). During the period, actual direct materials costs amounted to $1,635,480, materials used to...

Q: Records at the Farnsworth Corporation contained the following data for the most

Records at the Farnsworth Corporation contained the following data for the most recent period of activity: Variable overhead is applied based on standard direct labor-hours allowed. Required Compute t...

Q: The records of Heritage Home Supplies show the following for July:

The records of Heritage Home Supplies show the following for July: Required Compute the direct labor and variable overhead price and efficiency variances.

Q: Information on Chicago Crafters direct materials costs follows: /

Information on Chicago Crafters direct materials costs follows: Chicago Crafters carries no materials inventories. Required a. What were Chicago Crafters’ direct materials price and...

Q: Information on Grixdale Partner’s fixed overhead costs follows: /

Information on Grixdale Partner’s fixed overhead costs follows: Required What are the fixed overhead price and production volume variances? (Refer to Exhibit 16.17 for the format to...

Q: Refer to the data in Exercise 16-46. Management would

Refer to the data in Exercise 16-46. Management would like to see results reported graphically. Required Prepare a graph like that shown in Exhibit 16.18. Exercise 16-46:

Q: Wetherbee Tech Services (WTS) is a chain of computer maintenance

Wetherbee Tech Services (WTS) is a chain of computer maintenance technicians for households and small businesses. The following data are available for last year’s services: â&#...

Q: The Faraday Plant of Hindle, Inc. shows the following overhead

The Faraday Plant of Hindle, Inc. shows the following overhead information for the current period: Required What are the variable overhead price and efficiency variances and the fixed overhead price v...