FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11 Current Attempt in Progress Crane Company planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually

11 image text in transcribed
Current Attempt in Progress Crane Company planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per yard. The company actually made 4100 units, although it had planned to make only 3300 units. Total yards used for production were 4160. How much is the total materials variance? $4160 F O $7280 O $728000 O $1300

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cima Official Exam Practice Kit Financial Accounting And Tax Principles 2008 Edition

Cima Official Exam Practice Kit Financial Accounting And Tax Principles 2008 Edition

Authors: Mike Rogers, John Dunn

4th Edition

0750686901, 978-0750686907

More Books

Students also viewed these Accounting questions

Question

Can organizations execute an unlimited number of projects? Why?

Answered: 1 week ago

Question

★★★★★
Imprudential, Inc., has an unfunded pension liability of $ 630 million that must be paid in 20 years. To assess the value of the firms stock, financial analysts want to discount this liability back...

Answered: 1 week ago

Question

★★★★★
11 Current Attempt in Progress Crane Company planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per yard. The company actually made 4100 units,...

Answered: 1 week ago

Question

★★★★★
Answer No. 3 Part 2. CASE ANALYSIS Direction: Please refer to each of the short cases provided in each of the items. Provide the required output. (15 marks) 1. Calculate the value of a bond that will...

Answered: 1 week ago

Question

★★★★★
Question 2 (2 points) Saved What is the purpose of a speech that invites audience members to do something they have not done before? A) discontinuance B) adoption C) continuance D) reinforcement B

Answered: 1 week ago

Question

★★★★★
Janet has applied for coverage under an assigned risk plan. Without knowing anything about Janet other than this fact, what can you conclude about her driving history? She may be snow

Answered: 1 week ago

Question

★★★★★
You must write a small application in JAVA that can assist a shopper by calculating the total price of the items that he or she wants to buy and displaying a tillslip-like list of the products, their...

Answered: 1 week ago

Question

★★★★★
Is the pow function overloaded? How do you know? How many arguments does the pow function require?

Answered: 1 week ago

Question

★★★★★
In microeconomics, head ideas incorporate market interest, marginalism, levelheaded decision hypothesis, opportunity cost, spending plan limitations, utility, and the hypothesis of the firm.[85]...

Answered: 1 week ago

Question

★★★★★
3. From a consumers perspective, what useful parallels do you see between operating a car sales and service dealership, and operating health services?

Answered: 1 week ago

Question

★★★★★
1. Which of the seven elements of the services marketing mix are addressed in this case? Give examples of each P you identify.

Answered: 1 week ago

Question

★★★★★
4. What supplementary services are offered? How do they enhance service delivery?

Answered: 1 week ago

Previous Question Next Question