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P11-2A
Ayala Corporation accumulates the following data relative to jobs
started and finished during the month of June 2017.
Overhead is applied on the basis of standard machine hours. Three
hours of machine time are required for each direct labor hour. The
jobs were sold for $400,000. Selling and administrative expenses were
$40,000. Assume that the amount of raw materials purchased equaled
the amount used.
Instructions
a. Compute all of the variances for (1) direct materials and (2) direct
labor.
b. Compute the total overhead variance.
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ACC 560 Week 7 Quiz 5 (Chapter 9 and Chapter 10)

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ACC 560 Week 7 Quiz 5 (Chapter 9 and Chapter 10)
Question 1
The production budget shows expected unit sales are 100,000. The
required production units are 104,000. What are the beginning and
desired ending finished goods units, respectively?
Question 2