Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 12, 2024

each sweater consumes 2 pounds of cashmere. Standard price is 3 per pound. 2460 pounds was purchased at $7872 and 2580 pounds was used to

each sweater consumes 2 pounds of cashmere. Standard price is 3 per pound. 2460 pounds was purchased at $7872 and 2580 pounds was used to make 1100 sweaters. Determine direct material 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

Recommended Textbook for

Forecasting Volatility In The Financial Markets

Authors: Stephen Satchell, John Knight

2nd Edition

0750655151, 9780750655156

More Books

Students also viewed these Accounting questions

Question

★★★★★

An abc-phase sequence balanced three-phase source feeds a balanced load. The system is connected wye-wye and

Answered: 1 week ago

Question

★★★★★

Ellie owned five apartment buildings, each worth $200,000. For three of the buildings, she worked with employees to keep the property in good repair. This entailed maintaining electrical and plumbing...

Answered: 1 week ago

Question

★★★★★

5. To acquire a better understanding of Paulo and make school a more positive experience, what three types of relationships would assist Paulo as well as Miss Wyant?

Answered: 1 week ago

Question

★★★★★

Rachael Ray Corporation had the following transactions. 1. Sold land (cost $12,000) for $15,000 2. Issued common stock for $20,000 3. Recorded depreciation of $17,000 4. Paid salaries of $9,000 5....

Answered: 1 week ago

Question

★★★★★

A supplier hands you an invoice for $ 4 7 , 0 0 0 with the terms 4 / 2 0 , net 1 8 0 . a . ) What is the effective annual cost ( expressed as an APR ) if you forgo the discount and pay after 1 8 0...

Answered: 1 week ago

Question

★★★★★

For the Christmas vacation students usually go visit family or go to vacation.The probability that someone chooses family is P(F) = 0.52 and the probability thathe chooses vacation is P(V) = 0.45. a....

Answered: 1 week ago

Question

★★★★★

Reynold's division is migrating to a new collaboration site. To successfully implement the change, he must ensure that his team's files are migrated properly, and that his team is properly trained on...

Answered: 1 week ago

Question

★★★★★

60. Marlon, married on June 5, 2016 died on April 29, 2018 with the following data: Gross estate conjugal, P3,000,000; exclusive, P2,000,000. Said amount includes a land which he received as wedding...

Answered: 1 week ago

Question

★★★★★

You bought one of BB Co.'s 10% coupon bonds one year ago for $1100. These bonds make annual payments, have a face value of $1000 each, and mature seven years from now. Suppose you decide to sell your...

Answered: 1 week ago

Question

★★★★★

Each of the following secondary authorities specifically discusses an intoxicated party's ability to form a contract. Retrieve and review each source by typing or copying the citation into the search...

Answered: 1 week ago

Question

★★★★★

On July 1, 20x0, Ran County issued realty tax assessments for its fiscal year ended June 30, 20x1. On September 1, 20x0, Day Co. purchased a warehouse in Ran County. The purchase price was reduced by...

Answered: 1 week ago

Question

★★★★★

Why does Angelica have the option of joining or not joining the union? Hint: Nevada is a right-to-work state.

Answered: 1 week ago

Question

★★★★★

Whether there are any barriers to an election in the form of existing contracts or prior elections held within the past 12 months.

Answered: 1 week ago

Question

★★★★★

What factor(s) in this ethics dilemma might influence a person to make a less than ethical decision?

Answered: 1 week ago

Previous Question Next Question