Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Clear Manufacturing uses powdered plastics ( PPS ) to manufacture a high - pressure board used in a digital equipment product, Flex 1 0 .

Clear Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a
digital equipment product, Flex 10. Information concerning its operation in June is as follows:
Clear does not maintain an inventory of materials, so the amount of materials used is equal to the amount
of materials purchased. The cost of PPS in the flexible budget for the number of units manufactured this
period is:
Multiple Choice
$673,920.
$741,000.
$730,080.
$842,400.
$936,000. Clear Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:
Budgeted units of Flex 10 for June 13,000
Budgeted usage of PPS 117,000 pounds
Actual number of units of Flex 10 manufactured 10,400
PPS purchased and used 101,400 pounds
Total actual cost of PPS used $ 584,064
Direct materials usage variance $ 56,160 unfavorable
Clear does not maintain an inventory of materials, so the amount of materials used is equal to the amount of materials purchased. The cost of PPS in the flexible budget for the number of units manufactured this period is:
Multiple Choice
$673,920.
$741,000.
$730,080.
$842,400.
$936,000.
image text in transcribed

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

Acca F7 Financial Reporting Practice And Revision Kit

Authors: BPP Learning Media

1st Edition

1472726898, 978-1472726896

More Books

Students also viewed these Accounting questions