Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Blaster, Inc., manufactures portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.45 per unit. During May, the

Blaster, Inc., manufactures portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.45 per unit. During May, the company purchased 12,000 units of the part for a total of $18,000. Also during May, the company manufactured 3,000 radios, using 10,000 units of part XBEZ52. The direct materials purchases variance is computed when the materials are purchased.

During May, the materials price variance for part XBEZ52 was: A. $450 U B. $450 F C. $600 F D. $600 U

During May, the materials quantity variance for part XBEZ52 was: A. $1,450 U B. $1,450 F C. $4,350 F D. $4,350 U

please provide steps on how to solve this because i have no idea!

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

The Solitary Auditor

Authors: Michael Knapp

1st Edition

161163878X, 978-1611638783

More Books

Students also viewed these Accounting questions

Question

What is a key public for this product/service/concept?

Answered: 1 week ago