Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

During November, 10,000 units were produced. The standard quantity of material allowed per unit was 10 kg at a standard cost of $3 per kilogram.

During November, 10,000 units were produced. The standard quantity of material allowed per unit was 10 kg at a standard cost of $3 per kilogram. Suppose the company had an unfavourable usage variance of $18,750 for November. What would have been the actual quantity of materials used? Oa. 93,750 kg Ob. 31,875 kg Oc. 23,438 kg Od. 106,250 kgimage 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

An Introduction To Derivative Securities Financial Markets And Risk Management

Authors: Robert A. Jarrow, Arkadev Chatterjee

2nd Edition

194465965X, 978-1944659653

More Books

Students also viewed these Accounting questions