Bowie Sporting Goods manufactures sleeping bags.The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:<\/p>
Direct material of 4.00 yards at $5.80 per yard<\/p>
Direct labor of 3.00 hours at $18.00 per hour<\/p>
Overhead applied per sleeping bag at $18.00<\/p>
In the month of April, the company actually produced 5,200 sleeping bags using 27,300 yards of material at a cost of $5.50 per yard.The labor used was 11,700 hours at an average rate of $16.50 per hour.The actual overhead spending was $96,200.<\/p>
Determine the total materials variance and round to the nearest whole dollar.<\/p>", "transcribed_text": "", "related_book": { "title": "Cost Management Measuring Monitoring And Motivating Performance", "isbn": "1118168879, 9781118168875", "edition": "2nd Canadian Edition", "authors": "Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/635f99b5717e0_1157.jpg", "uri": "\/textbooks\/cost-management-measuring-monitoring-and-motivating-performance-2nd-canadian-edition-1157", "see_more_uri": "" }, "free_related_book": { "isbn": "0471351504", "uri": "\/textbooks\/wiley-cpa-examination-review-business-law-and-professional-responsibilities-2000-2000-edition-9780471351504", "name": "Wiley CPA Examination Review Business Law And Professional Responsibilities 2000", "edition": "2000 Edition" }, "question_posted": "2024-06-29 01:59:48", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/aluminum-plate-4-mm-thick-is-mounted-in-horizontal-position", "description": "An aluminum plate 4 mm thick is mounted in a horizontal position and its bottom surface is well insulated. 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