Soft Fashions sells a line of women’s dresses. The company u…

Soft Fashions sells a line of women’s dresses. The company uses flexible budgets to analyze its performances. The firm’s performance report for November is presented below:   Actual Budget Dresses sold 5,200 6,200 Sales $ 244,000 $ 297,600 Variable costs 145,600 179,800 Contribution margin $ 98,400 $ 117,800 Fixed costs 84,000 80,000 Operating income $ 14,400 $ 37,800 The effect of the sales volume variance on November’s contribution margin is:

Listed below are selected line items from the Cost of Qualit…

Listed below are selected line items from the Cost of Quality (COQ) report for Watson Products for last month: Category Amount Rework $ 725 Equipment maintenance 1,154 Product testing 786 Product repair 695 What was Watson’s total prevention and appraisal cost for last month?

Oslund Company manufactures only one product and uses a stan…

Oslund Company manufactures only one product and uses a standard cost system. During the past month, the following variances were observed: Direct labor rate variance $ 32,000 favorable Direct labor efficiency variance 52,000 unfavorable Variable overhead efficiency variance 25,000 unfavorable Standard direct labor hours (DLH) per unit of output 5   Oslund applies variable overhead using a standard rate of $20 per standard DLH allowed. During the month, Oslund used 20% more DLHs than the total standard hours allowed for the units manufactured.  What were the total standard DLHs for the units manufactured by Oslund Company during the past month?