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

Question

1 Approved Answer

3 pts Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is: Direct materials

image text in transcribed
3 pts Georgia, Inc. has collected the following data on one of its products. The actual cost of the direct materials used is: Direct materials standard (4 lbs. @ $1/b.) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $4 per finished unit $13,750 150,000 lbs. 30,000 units $106,250. $120.000 $133,750 O $150,000. $158.750

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

Alaskas Permanent Fund Dividend Examining Its Suitability As A Model

Alaskas Permanent Fund Dividend Examining Its Suitability As A Model

Authors: K. Widerquist, M. Howard

2nd Edition

0230112072, 9780230112070

More Books

Students also viewed these Accounting questions

Question

★★★★★
Various Hedging Cases Apple Company was incorporated in Delaware in 2006. On November 2, 2008, the controller of the company entered into a forward contract to sell 50,000 British pounds for $1.5920...

Answered: 1 week ago

Question

★★★★★
Beer Consumption. Refer to Problem 26. The following table provides last years beer consumption, in gallon, for 25 randomly selected Americans. 25 16 37 28 12 29 35 40 19 14 23 27 33 36 29 34 17 41...

Answered: 1 week ago

Question

★★★★★
Let FX be the distribution function and fX be the density function of a variable X for which we know that P(X a) = 1, where a is a given constant. We define the function where 0 (i) Verify that F...

Answered: 1 week ago

Question

★★★★★
Sulfur dioxide is oxidized to sulfur trioxide in a small pilot-plant reactor. SO 2 and 100% excess air are fed to the reactor at 450C. The reaction proceeds to a 65% SO 2 conversion, and the products...

Answered: 1 week ago

Question

★★★★★
Una empresa est considerando un desembolso de efectivo de $500 000 para la compra de un terreno, que podra arrendar por $40 000 al ao. Si hay inversiones alternativas disponibles que arrojan un...

Answered: 1 week ago

Question

★★★★★
How many years would you have to wait for an initial investment of $ 100,0000 to double if the savings account where it is invested pays 8% interest compounded annually? Select one: a. 7 years b. 8...

Answered: 1 week ago

Question

★★★★★
1. Hardly there is any location which can be ideal or perfect. One has to strike a balance between various factors affecting plant location. Some factors are crucial in deciding the location of the...

Answered: 1 week ago

Question

★★★★★
What is meant by producing in a "pull" rather than a "push" environment when adopting a lean process? (LO3.4)

Answered: 1 week ago

Question

★★★★★
How can situational leadership be used to improve diversity in organizations?

Answered: 1 week ago

Question

★★★★★
Determine the true cost of each employee. In addition to the items listed below, each employee has been hired through an agency charging a fee of 20% of each employee's base salary. Your first three...

Answered: 1 week ago

Question

★★★★★
Out of the push and pull inventory systems, which is better for a small business that stocks nondurable food items? Please provide a reference and a practical example.

Answered: 1 week ago

Question

★★★★★
Why should a managers anecdotal note files be periodically purged of all but currently essential information?

Answered: 1 week ago

Question

★★★★★
What problems most frequently occur when organizations create and retain working documents? How can these be addressed?

Answered: 1 week ago

Question

★★★★★
Why should a manager always remain objective, factual, and nonjudgmental in private anecdotal notes concerning employees when no other persons are intended to see them?

Answered: 1 week ago

Previous Question Next Question