Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A) B) C) please do requirements A-C (I will like!) thank you ! Finch Company began its operations on March 31 of the current year.

A) image text in transcribed
B)
image text in transcribed
C)
image text in transcribed
please do requirements A-C (I will like!) thank you !
Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: * Or the manufacturing costs, three-fourths are paid for in the month they are incurred; onefourth is paid in the following month. * Insurance expense is $890 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). a * Pruperty tax is paid once a year in Novemiver. The cash payments expected for finch Company in the month of April are 2. \$10, 14: (7. 312N1 (4. 51411,170 X1 id. 51192n Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,640 pounds of material at $5.00 and standard cost for 4,440 pounds of material at $6.40 per pound. The diract materials price variance is X. 2. \$1,280 favorable b. 36,496 unfavarable c. 1,280 unfivorahic d. sin496 fivorible Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,690 pounds of material at $5.10 and standard costs for 4,400 pounds of material at $6.20 per pound. The direct materials quantity variance is a. $5,159 favorable x b. 55,159 untavorable c. $1,798 untavorable d. \$1,794 fivarabte Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: * Or the manufacturing costs, three-fourths are paid for in the month they are incurred; onefourth is paid in the following month. * Insurance expense is $890 a month; however, the insurance is paid four times yearly in the first month of the quarter, (i.e., January, April, July, and October). a * Pruperty tax is paid once a year in Novemiver. The cash payments expected for finch Company in the month of April are 2. \$10, 14: (7. 312N1 (4. 51411,170 X1 id. 51192n Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,640 pounds of material at $5.00 and standard cost for 4,440 pounds of material at $6.40 per pound. The diract materials price variance is X. 2. \$1,280 favorable b. 36,496 unfavarable c. 1,280 unfivorahic d. sin496 fivorible Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,690 pounds of material at $5.10 and standard costs for 4,400 pounds of material at $6.20 per pound. The direct materials quantity variance is a. $5,159 favorable x b. 55,159 untavorable c. $1,798 untavorable d. \$1,794 fivarabte

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

Financial Accounting Longman Modular Texts In Business And Economics

Authors: Christopher Waterston, Anne Britton

2nd Edition

058238169X, 978-0582381698

More Books

Students also viewed these Accounting questions

Question

=+3. Who can provide information for evaluation?

Answered: 1 week ago