Question
Coomer Corp provide you with information about its manufacturing standards and actual results what is the direct materials quantity variance? direct material standard (5 lbs
- Coomer Corp provide you with information about its manufacturing standards and actual results what is the direct materials quantity variance?
direct material standard (5 lbs @ $1/lb) $5 per finished unit
total direct material cost variance-unfavorable $23250
actual direct materials used 180,000 lbs
actual finished units produced 30,000 units
also is it favorable or unfavorable?
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
Horngrens Accounting The Managerial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
013448682X, 978-0134486826
