Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Collegate Rings produces dass has. its best-seling model has a direct malerials stindard of 9 grams of a speciar alloy per ring. This special alloy
Collegate Rings produces dass has. its best-seling model has a direct malerials stindard of 9 grams of a speciar alloy per ring. This special alloy hat past meenth, the coropany purchased 10,100 goms of this aloy at a folai cost of 9648,420 . A oed od 9,500 grams were used last month to produce 1,0 . Read the requements Requirement 1. What is the actual cost per gram of the special alloy that Cologiane Rings purchased last month? (Round yout antwer to the nnareit cent.) The actual cost per gram of the special alloy that Collogiale Fings purchated last month is Requirements 1. What is the echaal cos per oram of the speciai aloy that Colegate finge purchased last month? 2. What is the dred materai phos yaiance? 3. Wha is the direct materal quactiy varance? 4. How migha the dired material price yariance for the compary last inoys bod caksing the direc materal quantity variance
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