Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Frequency of depre... COVID-19 Student... R 50 Current Student... fpsyg-11-576758-t... Frontiers | COVID-1... Ahmad Jelani Enterprise produces ladies' veils using the brand name 'Taqwa', which

Frequency of depre... COVID-19 Student... R 50 Current Student... fpsyg-11-576758-t... Frontiers | COVID-1... Ahmad Jelani Enterprise produces ladies' veils using the brand name 'Taqwa', which are specially designed for local market. The main fabrics are imported from Laos. Details of the product costing for the past 3 months are as follow: Quantity produced 3,000 units Actual fabrics price Standard fabrics price Actual quantity used Standard quantity used Actual labour rate RM2.80/meter RM2.50/meter 5.3 meters/unit 5 meters/unit RM4.50/hour Standard labour rate RM4.00/hour Actual labour hours 540 hours Standard labour hours 528 hours REQUIRED: Calculate the direct materials price variance. empt.php?attempt=84581&cmid=1679&page=3 Frequency of depre... COVID-19 Student... R 50 Current Student... fpsyg-11-576758-t... Frontiers | COVID-1... " Readi Standard fabrics price Actual quantity used Standard quantity used RM2.50/meter 5.3 meters/unit 5 meters/unit RM4.50/hour Actual labour rate Standard labour rate RM4.00/hour Actual labour hours 540 hours Standard labour hours 528 hours REQUIRED: Calculate the direct materials price variance. Select one: O A. RM900 F O B. RM900 U O C. RM4,770 U O D. RM4,770 F 26C Mostly sunny ENG 10:06 AM 8/2/2022

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_2

Step: 3

blur-text-image_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

More Books

Students also viewed these Accounting questions

Question

What supervisory competencies should you work to develop? Why?

Answered: 1 week ago