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

Question

1 Approved Answer

A company has determined that the standard for materials is 10ft2 at $4 per square foot. If a process produces 2000 units and uses 15ft2.

A company has determined that the standard for materials is 10ft2 at $4 per square foot. If a process produces 2000 units and uses 15ft2. per unit and $5 per square foot, the materials quantity variance is

a. $40,000 unfavorable

b. $40,000 favorable

c. $32,000 favorable

d. None of the above

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

Students also viewed these Accounting questions

Question

12. Identify the ultimate boon in Excalibur.

Answered: 1 week ago

Question

★★★★★
Bathworks produces hair and bath products. Bathworks' owner would like to have an estimate of the company's net income in the coming year. Required Project Bathworks's net income next year by...

Answered: 1 week ago

Question

★★★★★
Which group of employees will most often initiate the most significant number of work orders? - front office - housekeeping - food and beverage - sales and marketing - concierge desk

Answered: 1 week ago

Question

★★★★★
1. What will be your expected return on a $140.00 stock that just paid a $8.00 dividend and is expected to grow at 11% forever? 2. A company is expected to pay dividends of $1.80, $1.89 and $1.98...

Answered: 1 week ago

Question

★★★★★
What do you find wrong with Connair's controls? (10) 2. Are there any other techniques or approaches to control that you would suggest? (10

Answered: 1 week ago

Question

★★★★★
15.Mr Bala conducted a study to see how long his students spend on their phones in minutes to do a specific DESMOS graphing problem. Time 3 4 5 6 7 8 9 Frequency 2 3 4 5 5 61 a. Based on the...

Answered: 1 week ago

Question

★★★★★
The average distance that can be traveled with 1 liter of gasoline from the motorbike under investigation is 38 km with a standard deviation of 6 km. If the distance traveled is normally distributed:...

Answered: 1 week ago

Question

★★★★★
Two alternative pieces of municipal solid waste bailing equipment are being considered for a project with a design life of 1 2 yr . Alternative 1 has a capital cost of $ 9 6 0 0 , zero salvage value,...

Answered: 1 week ago

Question

★★★★★
1. Here is the 95% confidence interval estimate of the proportion of female medical school students: 0.449 Answered: 1 week ago

Answered: 1 week ago

Previous Question Next Question