Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Complete the following table. Data table Last month, Bridle Corporation purchased and used the same quantity of material in producing its product, speed bumps for

image text in transcribed Complete the following table. Data table

Last month, Bridle Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon to view the table.) Complete the following table. (Round your answers to two decimal places.) Direct materials information Standard pounds per unit Standard price per pound Actual quantity purchased and used per unit Actual price paid for material per pound Direct materials price variance Direct materials quantity variance Total direct material variance Number of units produced Mediu speed b 17 3.0 3.5 1 ,500 1 ,200 200 Data table Direct materials information Standard pounds per unit. ..... ..... ..... ..... ... Standard price per pound .. . Actual quantity purchased and used per unit ....... Actual price paid for material per pound Direct materials price variance.............. Direct materials quantity variance Total direct material variance . ..... ..... ..... ..... Number of units produced ..... ..... ...... Print Medium speed bump 17 3.00 $ 3.50 $ $1 ,500 U $1 ,200 F 200 Large speed bump 3.70 17 4.30 $5,100 U $3,250 U 500 Done

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

Financial Accounting

Authors: Thomas Dyckman, Robert Magee, Glenn Pfeiffer

3rd Edition

1934319600, 978-1934319604

More Books

Students also viewed these Accounting questions

Question

=+Does it present new cocktails or review restaurants?

Answered: 1 week ago

Question

=+Is the message on-strategy?

Answered: 1 week ago