Question
Jackson Industries has collected the following data for one of its products. Direct materials standard (6 pounds per unit @ $0.55/lb.) $3.30 per finished good
Jackson Industries has collected the following data for one of its products.
| Direct materials standard (6 pounds per unit @ $0.55/lb.) | $3.30 per finished good |
| Direct materials flexible budget variance-unfavorable | $12,000 |
| Actual direct materials used | 35,000 pounds |
| Actual finished goods produced | 26,000 units |
What is the total actual cost of the direct materials used?
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
Audit And Assurance Study Text
Authors: Get Through Guides
1st Edition
1848080255, 978-1848080256
