You have been asked to investigate some cost problems in the Assembly Department of Ruthenium Electronics Co.,
Question:
The following reports were also obtained:
Transcribed Image Text:
Ruthenium Electronics Co.-Assembly Department Quarterly Buget Performance Report Standard Quantity at Standard Rates Actual Quantity at Standard Rates Quantity Variances 70,000 U 87,500 U $157,500 U $227 500 157,500 297,500 455,000 Direct labor Direct materials 385,000 Total $612,500 Ruthenium Electronics Co.-Purchasing Department Quarterly Budget Performance Report Actual Quantity at Standard Rates $437,500 Actual Quantity at ctual Rates Price Variance Direct materials $385,000 -$52,500F Ruthenium Electronics Co.-Fabrication Department Quarterly Budget Performance Report Standard Quantity at Standard Rates Actual Quantity at Standard Rates Quantity Variances Direct labor Direct materials 245,000 140,000 $203,000 140,000 -$42,000 F 0 Total 385,000 $343,000 -$42,000F
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
This is a case where there is strong evidence that the poor performance that is occurring inside the Assembly Department may be the result of behavior...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285866307
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Question Posted:
Students also viewed these Accounting questions
-
You have been asked to evaluate two companies as possible investments. The two companies, Norfolk Industries Inc. and Strafford Crystal Limited, are similar in size. Assume that all other available...
-
You have been asked to evaluate two companies as possible investments. The two companies, Norfolk Industries Inc. and Strafford Crystal Limited, are similar in size. Assume that all other available...
-
You have been asked to advise on where advertising should be placed for a new restaurant in town that specializes in low-fat and low-carb healthy food. Consider newspaper, magazine, outdoor,...
-
You are the manager of a fast food restaurant. Part of your job is to report to the boss at the end of the day which special is selling best. Use your vast knowledge of descriptive statistics and...
-
1. List the system requirements, with examples for each category. Review the information that Susan gathered, and assume that she will add her own ideas to achieve more effective outputs, inputs,...
-
Drunk-driving fatalities represent the total number of people (occupants and non-occupants) killed in motor vehicle traffic crashes in which at least one driver had a blood alcohol content (BAC) of...
-
An incompressible fluid flows outward through a blower as indicated in Fig. P5.81. The shaft torque involved, \(T_{\text {shaft }}\), is estimated with the following relationship: \[ T_{\text {shaft...
-
The auditors of SSC Company are working on both audit objectives for the various accounts and documentation requirements. Parts (a) through (d) of this question relate to objectives, while part (e)...
-
Discuss anything you learned about personal financial management in Kindergarten through 12th grade. What do you remember? Has anyone in your life discussed financial management with you? If so, what...
-
Bonds 1. Municipal Bonds - Municipal bonds are haircut per Exhibit 1 based on both their time to maturity and scheduled maturity at date of issue. 2. Corporate Bonds - Corporate bonds are haircut...
-
Fancy Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 100 employees. Each employee presently provides 40 hours of labor per...
-
Yozamba Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing. The corporate expenses for the year ended December 31, 2016, are as...
-
You are given the equation(s) used to solve a problem. For each of these, you are to a. Write a realistic problem for which this is the correct equation(s). b. Finish the solution of the problem. 4.0...
-
Jennifer Davis, D.D.S., opened a dental practice on January 1, 2025. During the first month of operations, the following transactions pccurred. 1. Performed services for patients who had dental plan...
-
Steven Company has fixed costs of $228,650. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows: Product Selling Price per...
-
Cherokee Incorporated is a merchandiser that provided the following information: Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit...
-
Q1. During a race on level ground, Andrea runs with an average velocity of 6.0 m/s to the east, what is Andrea's displacement after 137 s? Q2. Heather and Matthew walk with an average velocity of...
-
Reading 1: Please go to the "Guide to the Employment Standards Act" for Ontario. https:// www.ontario.ca/document/your-guide-employment-standards-act-0 Read the following sections for the pages...
-
Write an SQL query to list all product line names and, for each product line, the number of products and the average product price. Make sure to include all product lines separately.
-
Use of the contraceptive Depo Provera appears to triple women's risk of infection with chlamydia and gonorrhea , a study reports today. An estimated 20 million to 30 million women worldwide use Depo...
-
If variances are recorded in the accounts at the time the manufacturing costs are incurred, what does a debit balance in Direct Materials Price Variance represent?
-
If variances are recorded in the accounts at the time the manufacturing costs are incurred, what does a debit balance in Direct Materials Price Variance represent?
-
When is the negotiated price approach preferred over the market price approach in setting transfer prices?
-
A 9 Loan amount Annual interest rate Number of years until maturity Annual payment amount B $300,000.00 Date Graded Worksheet 7% 4 On January 1, 2024, a company borrows cash from a local bank by...
-
As we have seen in this course, virtually every generation has felt that the existing threat to its privacy was unprecedented in nature. That said, the sheer capacity to collect metadata which exists...
-
In 1982 the inflation rate hit 16%. Suppose that the average cost of a textbook in 1982 was $20. What was the expected cost in the year 2017 if we project this rate of inflation on the cost? (Assume...
Study smarter with the SolutionInn App