Answered step by step
Verified Expert Solution
Question
1 Approved Answer
52 of 75 View Policies Current Attempt in Progress -/2.26 Vaughn has a standard of 1.5 pounds of materials per unit, at $6 per pound.
52 of 75 View Policies Current Attempt in Progress -/2.26 Vaughn has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 1300 units, Vaughn used 2100 pounds of materials at a total cost of $12285. Vaughn's materials price variance is $315 F. $1575 F. O $900 F. $585 U. Question 53 of 75 View Policies Current Attempt in Progress -/2.26 Que Mult All Sheffield Corp. produces a product requiring 4 pounds of material costing $3.50 per pound. During December, All Sheffield purchased 4900 pounds of material for $16464 and used the material to produce 500 products. What was the materials price variance for December? $686 F $3189 U $2464 U $725 F 83 Que Mul Qu Mu FO Q M L
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started