Answered step by step
Verified Expert Solution
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 highpressure board used in a digital equipment product, Flex Information concerning its operation in June is as follows:
Budgeted units of Flex for June
Budgeted usage of PPS pounds
Actual number of units of Flex manufactured
PPS purchased and used pounds
Total actual cost of PPS used $
Direct materials usage varianceunfavorable $ unfavorable
Clear does not maintain an inventory of materials, so the amount of materials used is equal to the amount of materials purchased. The actual purchase price per pound of PPS used is:
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