accounts data bank

81.
Europa Company manufactures only one product. Presented below is direct labor
information for November.
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The direct labor
flexible-budget variance is:

A.
$26,624.00 unfavorable.
B.
$31,948.80 unfavorable.
C.
$39,936.00 favorable.
D.
$71,884.80 favorable.
E.
$103,833.60 favorable.

82. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:
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The actual
direct materials purchase price per kilogram is:

A.
$11.80.
B.
$11.96.
C.
$12.04.
D.
$12.20.
E.
$12.50.

83. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:
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The actual total
cost of direct materials used in production is:

A.
$458,068.
B.
$459,862.
C.
$461,132.
D.
$462,938.
E.
$478,400.

84.Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:

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The direct
materials usage variance for December is:

A.
$1,800 unfavorable.
B.
$1,800 favorable.
C.
$59,400 unfavorable.
D.
$59,400 favorable.

85. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:
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The direct labor
rate variance for December is:

A.
$1,590 favorable.
B.
$5,650 favorable.
C.
$7,790 unfavorable.
D.
$24,410 unfavorable.
E.
$59,410 unfavorable.

86. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:
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The direct labor
efficiency variance for December is:

1
$1,590 favorable.
2
$5,650 favorable.
3
$7,240 unfavorable.
4
$59,410 unfavorable.

87. Shade
Company adopted a standard cost system several years ago. The standard costs
for direct labor and direct materials for its single product are as follows:
Materials (5 kilograms x $12.00 per kilogram) = $60.00/unit. Direct labor (3.5
hours x $20.00 per hour) = $70.00/unit. All materials were issued at the
beginning of processing. The operating data shown below were taken from the
records for December:
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The direct labor
flexible-budget variance of the period is:

A.
$1,590 favorable.
B.
$5,650 unfavorable.

C.
$7,040 unfavorable.
D.
$9,830 unfavorable.

88.
Kennedy Inc. has the following data for its operation in August:
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What was the
actual purchase price per unit?

A.
$3.35.
B.
$3.40.
C.
$3.72.
D.
$3.80.
E.
$3.85.

89.
Kennedy Inc. has the following data for its operation in August:
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What was the
direct materials usage variance in August?

A.
$180 unfavorable.
B.
$360 unfavorable.
C.
$540 favorable.
D.
$540 unfavorable.
E.
$720 unfavorable.

90.
Matinna Co. maintains no inventories and has the following data pertaining to
one of its direct materials in July:
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All materials
purchased during the month were issued to production. What was the direct
materials purchase-price variance for July?

A.
$1,500 favorable.
B.
$3,000 unfavorable.
C.
$3,000 favorable.
D.
$7,500 unfavorable.
E.
$7,500 favorable.

91.
Matinna Co. maintains no inventories and has the following data pertaining to
one of its direct materials in July:
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What was the
company’s direct materials flexible-budget (FB) variance for July?

A.
$1,500 favorable.
B.
$3,000 unfavorable.
C.
$3,000 favorable.
D.
$7,500 unfavorable.
E.
$7,500 favorable.

92.

Prokp
Co.’s records for April disclosed the following data relating to direct labor:

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Prokp’s standard
direct labor rate per hour in April was:

A.
$16.00.
B.
$18.00.
C.
$20.00.
D.
$24.00.
E.
$26.67.

93.
Prokp Co.’s records for April disclosed the following data relating to direct
labor:
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Prokp’s total
standard direct labor hours for units produced in April were:

A.
890.
B.
900.
C.
1,000.
D.
1,100.
E.
1,110.

94.
Prokp Co.’s records for April disclosed the following data relating to direct
labor:
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Prokp’s total
standard direct labor cost for the output in April was:

A.
$17,600.
B.
$21,600.
C.
$22,400.
D.
$24,000.
E.
$26,400.

95.
Marv Company’s direct labor costs for manufacturing its only product were as
follows for October:
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The direct labor
efficiency variance for October was:

A.
$3,000 unfavorable.
B.
$20,000 favorable.
C.
$23,000 favorable.
D.
$30,000 unfavorable.
E.
$50,000 unfavorable.

96.
Marv Company’s direct labor costs for manufacturing its only product were as
follows for October:
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The direct labor
rate variance for October was:

A.
$3,000 unfavorable.
B.
$20,000 favorable.
C.
$23,000 favorable.
D.
$30,000 unfavorable.
E.
$50,000 unfavorable.

97.

Marv Company’s
direct labor costs for manufacturing its only product were as follows for
October:

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The total direct
labor variance for October was:

A.
$7,000 unfavorable.
B.
$9,000 favorable.
C.
$9,000 unfavorable.
D.
$32,000 favorable.
E.
$54,000 unfavorable.

98.
Mandy Company has the following direct labor costs last month:
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What was Mandy’s
standard direct labor rate per hour?

A.
$43.20.
B.
$45.60.
C.
$48.00.
D.
$52.20.

99.
Mandy Company has the following direct labor costs last month:
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What was Mandy’s
actual direct labor rate per hour?

A.
$43.20.
B.
$45.60.
C.
$48.00.
D.
$52.20.
E.
$54.00.

100.
Mandy Company has the following direct labor costs last month:
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What was Mandy’s
direct labor rate variance?

A.
$15,120 unfavorable.
B.
$20,880 unfavorable.
C.
$23,490 unfavorable.
D.
$42,480 favorable.