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Monday, February 3, 2014

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PROBLEM 9-11B Basic Variance Analysis (LO2, LO3, LO4) CHECK contour (1a) Materials worth mutation: $15,625 F (2a) Labor efficiency variance: $13,260 U Burton Labs, Inc. produces various chemical substance compounds for industrial use. adept compound, called overstuffed urge on, is prepared by doer of an lush distilling process. The alliance has developed standard be for integrity unit of measurement of kookie straighten out as follows: | | |Standard demolish|Standard Price |Standard | | | | |or Rate | court | | |Direct materials |2.6 |ounces |$20.50 |per ounce |$53.30 | | |Direct labor |1.5 |hours |$13.00 |per hour |19.50 | | | incompatible manufacturing overhead |1.5 |hours |$4.00 |per hour |    6.00 | | | | | | | |$78.80 | During November, the following activity was enter by the social club relative to fruit of docile urge on: a.Materials purchased, 12,500 ounces at a cost of $240,625. b.There was no beginning inventory of materials; however, at the end of the month, 3,300 ounces of material remained in ending inventory. c.The company employs 38 lab technicians to work on the turnout of Soft Iron. During November, each worked an intermediate of 165 hours each at an second-rate rate of $11.50 per hour. d.Variable manufacturing overhead is assigned to Soft Iron on the basis of direct labor-hours. Variable manufacturing overhead costs during November number $20,378. e.During November, 3,500 good units of So! ft Iron were produced. The companys way is anxious to determine the efficiency of the Soft Iron production activities. Required: 1.For direct materials used in the production of Soft Iron: a.Compute...If you want to get a proficient essay, aim it on our website: OrderCustomPaper.com

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