# Labor Cost Variance Assignment | Top Universities

A company provided the following direct materials cost information. Compute the direct materials quantity variance. \$1,740,400 Standard conta assigned: Direct materials standard coat (458,000 units \$3.80/unit) ritual costs: Direct Materials costs incurred (456,680 units \$4.00/unit) \$1.826, 720 Multiple Choice O \$5,016 Unfavorable. O \$5,016 Favorable. O \$5,280 Favorable. O \$5,280 Unfavorable O \$86,320 Favorable. Watson Corporation is considering buying a machine for \$50,000. Its estimated useful life is 5 years, with no salvage value. Watson anticipates annual net Income after taxes of \$4,500 from the new machine. What is the accounting rate of return assuming that Watson uses straight-line depreciation and that Income is earned uniformly throughout each year? Multiple Choice 0 11.3%. 0 O 15.0% 0 18.0% 0 O 9.0%. 0 O 12.0%.

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Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period. Direct labor standard (4.00 hrs. \$6.95/hr.) Actual hours worked retual rate per hour \$ 27.80 per unit 12,100 \$ 7.40 Multiple Choice 0 \$6,300 unfavorable. 0 \$7,760 favorable. 0 O \$7,760 unfavorable. 0 O \$12,100 favorable. 0 O \$6,300 favorable. Alfani Industries uses the net present value method to make investment decisions and requires a 15% annual return on all Investments. The company is considering two different investments. Each requires an initial investment of \$15,000 and will produce cash flows as follows: End Investment Year A 1 \$9,000 \$ 0 29,0000 3 9 ,000 27,000 The present value factors of \$1 each year at 15% are: 1 0.8696 2 0.7561 30.6575 The present value of an annuity of \$1 for 3 years at 15% is 2.2832 The net present value of Investment A is: (Round intermediate answer to the nearest whole dollar.) Multiple Choice O \$11.000 O \$17753. 0 \$(16,000). 0 \$4.549. O \$20,549) Get Accounting Homework Help Today.

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