Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 30, 2024

A company uses 3,150 pounds of materials and exceeds the standard by 150 pounds. The quantity variance is P900 unfavorable. What is the standard price?

A company uses 3,150 pounds of materials and exceeds the standard by 150 pounds. The quantity variance is P900 unfavorable. What is the standard price? SHOW SOLUTION

Choices:

P2.00

P3.5

P4.00

P6.00

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

College Accounting Chapters 1-26

Authors: Douglas J. McQuaig, Patricia A. Bille

6th Edition

0395796997, 978-0395796993

More Books

Students also viewed these Accounting questions

Question

★★★★★

List the various effects of complement activation.

Answered: 1 week ago

Question

★★★★★

Name and describe the e-commerce revenue models.

Answered: 1 week ago

Question

★★★★★

Albert Edmunds and me are Owners of the real estate firm of Edmunds & Cale, which have recently opened a new office in San Diego co.

Answered: 1 week ago

Question

★★★★★

On December 31, 2017, Dow Steel Corporation had 600,000 shares of common stock and 300,000 shares of 8%, noncumulative, nonconvertible preferred stock issued and outstanding. Dow issued a 4% common...

Answered: 1 week ago

Question

★★★★★

Car title lenders are considered to be predatory lenders, since they charge high rates of interest to those individuals who can least afford it . View the additional information. Read the...

Answered: 1 week ago

Question

★★★★★

The default constructor sets x and y to (0, 0) by calling the second constructor. What could be used to replace /* missing code */ so that this works as intended? a = 0; b = 0; this (x, y); this(0,...

Answered: 1 week ago

Question

★★★★★

Question : What is the effect of declaring a method as synchronized in Java? A ) It allows multiple threads to access the method simultaneously. B ) It prevents thread interference by ensuring that...

Answered: 1 week ago

Question

★★★★★

Question : What is the effect of declaring a variable as volatile in Java? A ) It ensures that a thread always sees the most recent value of the variable. B ) It allows multiple threads to write to...

Answered: 1 week ago

Question

★★★★★

Question: What is the purpose of the final keyword when applied to a class in Java? A) It allows the class to be inherited by subclasses. B) It prevents the class from being subclassed or extended....

Answered: 1 week ago

Question

★★★★★

Question: What does the this keyword represent in Java? A) It refers to the superclass of the current object. B) It is used to call the current class's constructor. C) It is a reference to the...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Previous Question Next Question