Questions from Managerial Accounting


Q: During the last 6 weeks, the actual costs of materials for

During the last 6 weeks, the actual costs of materials for Brennen Company were as follows: The standard materials cost for each week was $60,000 with an allowable deviation of ±6,000....

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Q: Refer to the information for Krumple Inc. above.

Refer to the information for Krumple Inc. above. Required: Calculate the total variance for aluminum for the month of April. Data for Exercise 23: Krumple Inc. produces aluminum cans. Production of...

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Q: Refer to the information for Krumple Inc. above.

Refer to the information for Krumple Inc. above. Required: Calculate the materials price and usage variances using the columnar and formula approaches. Data for Exercise 24: Krumple Inc. produces a...

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Q: Refer to the information for Tico Inc. on the previous page

Refer to the information for Tico Inc. on the previous page. Required: Calculate the total variance for production labor for the month of April. Data for Exercise 25: Tico Inc. produces plastic bot...

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Q: Rath Company showed the following information for the year:

Rath Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour …….$3.75 Standard hours (SH) allowed per unit ………………………………………………..4 Actual pr...

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Q: Branch Company provided the following information: Standard fixed

Branch Company provided the following information: Standard fixed overhead rate (SFOR) per direct labor hour ……..$5.00 Actual fixed overhead ……………………………………………………….$305,000 BFO……………………………………………………………...

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Q: During August, the drilling department of Arenal Inc. completed and

During August, the drilling department of Arenal Inc. completed and transferred out 190,000 units. At the end of August, there were 42,700 units in process, 70% complete. Arenal incurred manufacturing...

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Q: Polson Enterprises produces strawberry gelato. Output is measured in quarts.

Polson Enterprises produces strawberry gelato. Output is measured in quarts. Polson uses the weighted average method. During July, Polson had the following production data: Units in process, July 1,...

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Q: Gorman Nurseries Inc. grows poinsettias and fruit trees in a green

Gorman Nurseries Inc. grows poinsettias and fruit trees in a green house/nursery operation. The following information was provided for the coming year. A sales commission of 4% of sales is paid for...

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Q: Craig Inc. just finished its third month of operations. Craig

Craig Inc. just finished its third month of operations. Craig mass-produces carburetors used in motorcycle engines. The following production information is provided for December: Units in process, De...

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