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Hofburg‘s standard quantities for 1 unit of product include 2
pounds of materials and 1.5 labor hours. The standard rates are
$2 per pound and $7 per hour. The standard overhead rate is $8
per direct labor hour. The total standard cost of Hofburg‘s
product is
Question 9
Scorpion Production Company planned to use 1 yard of plastic
per unit budgeted at $81 a yard. However, the plastic actually
cost $80 per yard. The company actually made 3,900 units,
although it had planned to make only 3,300 units. Total yards
used for production were 3,960. How much is the total materials
variance?
Question 10
Unfavorable materials price and quantity variances are
generally the responsibility of the
Price Quantity.
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ACC 560 Week 9 Assignment 2 Johnson Controls Capital
Investments (2 Papers)
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This Tutorial contains 2 Different Papers
Visit the Website of Johnson Controls Inc., located at
http://www.johnsoncontrols.com, and review its 2012 financial
forecasts. According to the forecasts, Johnson Controls will