Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

25 Degregorio Corporation makes a product that uses a material with the following direct material standards: . ut of 10 Standard quantity....... Standard price 3.8

image text in transcribed
25 Degregorio Corporation makes a product that uses a material with the following direct material standards: . ut of 10 Standard quantity....... Standard price 3.8 kilos per unit $7.00 per kilo uestion The company produced 5,600 units in November using 21,750 kilos of the material. During the month, the company purchased 24,800 kilos of the direct material at a total cost of $168,640. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for November is: Select one: O a $4,256 F O b. $4,256 U Oc $4.960 F 0 d, $4,960 U Next page aus page

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

9781285586618

Students also viewed these Accounting questions