Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 20, 2024

A company purchases and uses 100000 gallons of materials for which they paid $7 a gallon. The materials price variance was $120000 favorable. What is

A company purchases and uses 100000 gallons of materials for which they paid $7 a gallon. The materials price variance was $120000 favorable. What is the standard price per gallon? $5.80 $7.00 $8.20 $1.20

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

Recommended Textbook for

Accounting A Business Perspective

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

7th Edition

0075615851, 978-0075615859

More Books

Students explore these related Accounting questions

Question

The temperature of flue gases flowing through the large stack of a boiler is measured by means of a thermocouple enclosed within a cylindrical tube as shown. The tube axis is oriented normal to the...

Answered: 3 weeks ago

Question

Consider the example of small open economies like Belgium and the Netherlands that have highly mobile financial capital and fixed exchange rates but also have high government budget deficits. Suppose...

Answered: 3 weeks ago

Question

=+b) Comparing the taste of a new ice cream product (rated from 1 to 10) as judged by a panel of teenage tasters and a panel of adult tasters.

Answered: 3 weeks ago

Question

Why are companies like Kmart able to continue in business after experiencing federal indictments, convictions of top executives, and bankruptcy, while accounting firms, like the once highly...

Answered: 3 weeks ago

Question

The division controller of West Coast Supplies needs to determine the cost of products left in inventory. Discuss how managerial accounting information could be used.

Answered: 3 weeks ago

Question

The junction potential, Ej-, between solutions, and can be estimated with the Henderson equation: where zi is the charge of species i, ui is the mobility of species I (Table 14-1), Ci() is the...

Answered: 3 weeks ago

Question

THE COURT WAS APPALLED The plaintiff, while in the custody of the defendant penal institution, alleged that because the defendant's employees failed to timely diagnose her breast cancer, her right...

Answered: 3 weeks ago

Question

Briefly answer the following questions: 1. What information is required before data can be encapsulated? 2. What happens when a frame is forwarded to a destination to which it is not intended? How...

Answered: 3 weeks ago

Question

1. What are the diagnoses of Global Leadership? 2. What solution would you offer based on the definition of Global Leadership?

Answered: 3 weeks ago

Question

Briefly explain the following paragraph. Recommendations for Access Point and Antenna Placement: The following recommendations are made for the placement of the access point and antenna: The access...

Answered: 3 weeks ago

Question

Echuca Corporation manufactures microcomputer. To manufacture microcomputer, Echuca Corporation set up the machines and moulds. Set-up overhead costs consist of some costs that are variable and some...

Answered: 3 weeks ago

Question

How can you detect intrusions to your networks and prevent them? Do you think digital forensics and contingency planning are enough to solve the problem or do you need more technologies? Justify your...

Answered: 3 weeks ago

Question

Describe the major barriers to the use of positive reinforcement.

Answered: 3 weeks ago

Question

Create awareness of the strong need people have for encouragement and positive feedback.

Answered: 3 weeks ago

Question

2. All of the managers working for Danny Meyer are encouraged to hire employees that display natural warmth, optimism, empathy, a strong work ethic, and integrity. What interview methods would help a...

Answered: 3 weeks ago

Previous Question Next Question