A company has established 6 pounds of Materlal J at $3 per pound as the standard for the material in Its Product Z The company has just produ 7.400 pounds of Materlal J that cost $21,080.The direct materlals price varlance is: Multiple Cholce

Marigold Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Direct materials 9 square yards per unit @ $5/square yard Direct labor 1.4 DL hours per unit @ $18/DL hour Variable-MOH Fixed-MOH 1.4 DL hours per unit 1.4 DL hours per unit @ $2.80/DL hour @ $4/DL hour Throughout the year, Marigold used 4,795 DL hours in the process of making 3,500 tents. The company had originally planned to produce and sell 3,250 tents with budgeted fixed-MOH cost of $18,200. Its actual fixed-MOH costs amounted to $17,406 for the year. (a) Determine Marigold's fixed-MOH price and volume variances. Also identify whether the company's fixed-MOH costs were under-or overapplied, and by how much. Fixed-MOH price variance $ Fixed-MOH volume variance Fixed-MOH +A $ $

4. If the price of the material is RO 15 per unit and the annual consumption is 4000 units, the interest and store keeping charges are 20% of the value and the cost of placing of an order and receiving the goods is RO 60, how much material should be ordered at one time?

Baird company makes a product that sells for $32 per unit. The company pays $14 per unit for the variable costs of the product and incurs annual fixed costs of $147600. Baird expects to sell 21300 units of product. Required Determine Baird margin of safety expressed as a percentage: Margin of safety%