Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In Bramble Corp.s income statement, they report gross profit of $44500 at standard and the following variances: Materials price $420 F Materials quantity 600 F

In Bramble Corp.s income statement, they report gross profit of $44500 at standard and the following variances:

Materials price $420 F
Materials quantity 600 F
Labor price 420 U
Labor quantity 1000 F
Overhead 900 F

Bramble would report gross profit at standard of image text in transcribed

$38660. O $45340. 0 $42000. O $39500

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

Information Technology Audit Handbook

Authors: Doug Dayton

1st Edition

0136143148, 978-0136143147

More Books

Students also viewed these Accounting questions

Question

d. What language(s) did they speak?

Answered: 1 week ago