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    KarenSmith5's Avatar
    KarenSmith5 Posts: 2, Reputation: 1
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    #1

    Aug 4, 2013, 08:42 AM
    Accounting help
    >threads merged<

    The following information describes production activities of the Central Copr:

    30,000 units were completed during the year
    Budgeted standards for each unit produced:
    1/2 lb. of raw material at $4.15 per lb.
    10 minutes of direct labor at $12.50 per hour

    I need to compute the direct materials price and quantity and the direct labor rate and efficiency variances. Also need to indicate whether each variance is favorable or unfavorable.
    KarenSmith5's Avatar
    KarenSmith5 Posts: 2, Reputation: 1
    New Member
     
    #2

    Aug 4, 2013, 10:41 AM
    Help
    Legacy Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18; unit variable costs $8.10; and total fixed costs of $8,250. Legacy is subject to a 25% tax rate. Determine the dollar sales needed to generate an after-tax income of $33,000.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #3

    Aug 4, 2013, 03:45 PM
    AMHD has a posted policy - we do not do homework.

    This is covered in your textbook?

    If you post your answer with how you got there someone will come along to help you. Obviously just guessing won't work.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Aug 4, 2013, 03:46 PM
    As I explained on your other homework question, AMHD doesn't do homework.

    Is it exam time already?

    If you post your solution and how you reached it someone will come along and help.

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