use the information below to answer the following question s robb industries inc rii 4325040

 

Use the information below to answer the following question(s).

Robb Industries Inc. (RII), developed standard costs for direct material and direct labour. In 2013, RII estimated the following standard costs for one of their major products, the 10-litre plastic container.

Budgeted quantity

Budgeted price

Direct materials

0.10 kilograms

$30 per kilogram

Direct labour

0.05 hours

$15 per hour

During June, RII produced and sold 5,000 containers using 490 kilograms of direct materials at an average actual cost per kilogram of $32 and 250 direct manufacturing labour-hours at an average actual wage of $15.25 per hour.

40) June's direct material flexible-budget variance is

A) $980 unfavourable.

B) $300 favourable.

C) $680 favourable.

D) $980 favourable.

E) $680 unfavourable.

41) June's direct material price variance is

A) $980 unfavourable.

B) $1,000 favourable.

C) $680 favourable.

D) $980 favourable.

E) $1,000 unfavourable.

42) June's direct material efficiency variance is

A) $320 unfavourable.

B) $300 favourable.

C) $680 favourable.

D) $300 unfavourable.

E) $320 favourable.

43) June's direct manufacturing labour price variance is

A) neither favourable or unfavourable.

B) $62.50 favourable.

C) $128.00 unfavourable.

D) $62.50 unfavourable.

E) $128.00 favourable.

44) June's direct manufacturing labour efficiency variance is

A) $62.50 unfavourable.

B) $62.50 favourable.

C) $128.00 unfavourable.

D) $128.00 favourable.

E) neither favourable nor unfavourable.

Use the information below to answer the following question(s).

Sawyer Industries Inc. (SII), developed standard costs for direct material and direct labour. In 2013, SII estimated the following standard costs for one of their major products, the 30-litre heavy-duty plastic container.

Budgeted quantity

Budgeted price

Direct materials

0.20 kilograms

$25 per kilogram

Direct labour

0.10 hours

$15 per hour

During July, SII produced and sold 10,000 containers using 2,200 kilograms of direct materials at an average actual cost per kilogram of $24 and 1,050 direct manufacturing labour hours at an average actual wage of $14.75 per hour.

45) July's direct material flexible-budget variance is

A) $2,800 unfavourable.

B) $2,200 favourable.

C) $5,000 unfavourable.

D) $2,200 unfavourable.

E) $2,800 favourable.

46) July's direct material price variance is

A) $2,800 favourable.

B) $2,200 favourable.

C) $5,000 unfavourable.

D) $2,200 unfavourable.

E) $2,000 favourable.

47) July's direct material efficiency variance is

A) $4,800 favourable.

B) $2,200 favourable.

C) $5,000 unfavourable.

D) $5,000 favourable.

E) $4,800 unfavourable.

48) July's direct manufacturing labour flexible-budget variance is

A) $750.00 unfavourable.

B) $262.50 favourable.

C) $262.50 unfavourable.

D) $487.50 favourable.

E) $487.50 unfavourable.

49) July's direct manufacturing labour price variance is

A) $250.00 favourable.

B) $262.50 favourable.

C) $487.50 favourable.

D) $262.50 unfavourable.

E) $250.00 unfavourable.

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