The Clarkson Company produces engine parts for car manufacturers. For 2015, The company expected to produce...
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The Clarkson Company produces engine parts for car manufacturers. For 2015, The company expected to produce and sell 400 units for 2,000$ each .the standard cost of direct labor allowed for each unit of engine part was $800 (32Hour at $25per Hour) During 2015, actual number of units produced and sold was 370 for $2,100 each. Actual cost of direct labor used was 30 hour per unit at $28 per Hour. Required 1-calculate sales volume and flexible budget variances for the sales revenues 2-calculate the sales volume and flexible budget variances for the direct labor 3-caculate price and efficiency variances for the direct labor 4-give two possible reasons for efficiency variances of direct labor The Clarkson Company produces engine parts for car manufacturers. For 2015, The company expected to produce and sell 400 units for 2,000$ each .the standard cost of direct labor allowed for each unit of engine part was $800 (32Hour at $25per Hour) During 2015, actual number of units produced and sold was 370 for $2,100 each. Actual cost of direct labor used was 30 hour per unit at $28 per Hour. Required 1-calculate sales volume and flexible budget variances for the sales revenues 2-calculate the sales volume and flexible budget variances for the direct labor 3-caculate price and efficiency variances for the direct labor 4-give two possible reasons for efficiency variances of direct labor
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