The management of Zeta Fire Alarms has calculated the following variances
Direct materials cost variance $9,000 U
Direct materials efficiency variance 36,000 F
Direct labor cost variance 15,000 F
Direct labor efficiency variance 13,500 U
Total variable overhead variance 8,500 F
Total fixed overhead variance 3,000 F
What is the total direct materials variance of the company?
A) $1,500 F
B) $27,000 F
C) $11,500 F
D) $6,000 F
B .B)
Direct materials cost variance $9,000 U
Direct materials efficiency variance 36,000 F
Total direct materials variance $27,000 F
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A. an arrangement of machinery and equipment that streamlines the workflow and results in maximum efficiency and cost savings. B. the right combination of people, technology, and organizational structure that makes full use of the organization's resources and opportunities in achieving its goals. C. a computer software system designed to help managers solve problems by showing how results vary when the manager alters assumptions or data. D. a system used to collect, record, store, analyze, and retrieve data concerning an organization's human resources. E. a performance management system that customer satisfaction.
Values are basic notions about what is right and wrong
Indicate whether the statement is true or false.