Question: I need help in these questions. Please do them fast and accurate and correct, i have only 30 minutes Question 11 1 Point ALBA company

I need help in these questions. Please do them fast and accurate and correct, i have only 30 minutes

I need help in these questions. Please do them fast and accurate

Question 11 1 Point ALBA company developed standard costs for direct material and direct labor for its product, Standard. In 2020, ALBA estimated the following standard costs per unit: Budgeted quantity for Direct materials 1.5 Kilograms Budgeted price for Direct materials $7.25 per kg Budgeted hours for Direct labor 0.25 hours Budgeted price for Direct labor $14.00 per hour During September, ALBA produced and sold 1,200 units of Standard. The company purchased and used 1,875 Kilograms of direct materials at an actual cost of $7 per kg. Actual direct labor hours used were 280 hours at an actual cost of $14.25 per hour. Direct material flexible budget variance is: $75 unfavorable B) 5100 favorable $100 unfavorable D) None of these answers are correct

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!