{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T02:04:44-04:00", "answer_date": "2024-05-28 02:04:44", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1812561", "url": "\/study-help\/questions\/final-exam-o-qs-218-algo-direct-materials-price-and-1812561", "question_creation_date_js": "2024-05-28T02:04:44-04:00", "question_creation_date": "May 28, 2024 02:04 AM", "meta_title": "[Solved] Final Exam O QS 21-8 (Algo) Direct materi | SolutionInn", "meta_description": "Answer of - Final Exam O QS 21-8 (Algo) Direct materials price and quantity variances LO P3 A company reports the following for on | SolutionInn", "meta_keywords": "final,exam,qs,21-8,algo,direct,materials,price,quantity,variances,lo,p3", "question_title_h1": " Final Exam O QS 21-8 (Algo) Direct materials price and quantity variances LO P3 A company reports the following for one of its products", "question_title": " Final Exam O QS 21-8 (Algo) Direct materials price and quantity", "question_title_for_js_snippet": "Final Exam O QS 21 8 (Algo) Direct materials price and quantity variances LO P3 A company reports the following for one of its products Direct materials standard (4 pounds $1 per pound) Actual direct materials used (AQ) Actual units produced Actual cost of direct materials used 312 per will 330,000 pounds 68,000 AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price Compute the direct materials price and quantity variances and identify each as favorable or unfavorable Actual Cost Standed Cost", "question_description": "\"image", "transcribed_text": "Final Exam O QS 21-8 (Algo) Direct materials price and quantity variances LO P3 A company reports the following for one of its products Direct materials standard (4 pounds $1 per pound) Actual direct materials used (AQ) Actual units produced Actual cost of direct materials used 312 per will 330,000 pounds 68,000 AQ Actual Quantity SQ-Standard Quantity AP-Actual Price SP Standard Price Compute the direct materials price and quantity variances and identify each as favorable or unfavorable Actual Cost Standed Cost", "related_book": { "title": "Financial and Managerial Accounting", "isbn": "978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978", "edition": "3rd Edition", "authors": "Horngren, Harrison, Oliver", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/69.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-3rd-edition-69", "see_more_uri": "" }, "free_related_book": { "isbn": "0578436809", "uri": "\/textbooks\/inversion-and-the-perspective-based-safety-culture-1st-edition-978-0578436807-184593", "name": "Inversion And The Perspective Based Safety Culture", "edition": "1st Edition" }, "question_posted": "2024-05-28 02:04:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/java-how-to-program-late-objects\/more-sophisticated-computerassisted-instruction-systems-monitor-the-students-performance-over-1237160", "description": "More sophisticated computer-assisted instruction systems monitor the students performance over a period of time. 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