Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

John's Weed-B-Gone yard service sprays lawns to rid them of weeds. John mixes the two chemicals, Weed-X and Pest-o, in proportions depending on the climate

image text in transcribedimage text in transcribed

John's Weed-B-Gone yard service sprays lawns to rid them of weeds. John mixes the two chemicals, Weed-X and Pest-o, in proportions depending on the climate and the particular weed problems of the season. A standard mix calls for a gallon of the mixture to combine equal parts of Weed-X and Pest-o. Weed-X has a standard cost of $9.50 per gallon and Pesto-O has a standard cost of $24.60 per gallon. Each gallon can treat 100 square yards of lawn. John expects to treat 536,000 square yards of lawn. For the past season, John treated 656,000 square yards. He used 4,000 gallons of Weed-X and 3,900 gallons of Pest-o. He paid a total of $33,200 for the Weed-X and $95,550 for the Pest-O. Required: a. Compute the materials price and efficiency variances for the season. b. Compute the materials mix and yield variances for the season. Complete this question by entering your answers in the tabs below. Required A Required B Compute the materials price and efficiency variances for the season. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole dollar) Materials Price Efficiency Variances Weed-X Pest- Total (Required A Required B > John's Weed-B-Gone yard service sprays lawns to rid them of weeds. John mixes the two chemicals, Weed-X and Pest-o, in proportions depending on the climate and the particular weed problems of the season. A standard mix calls for a gallon of the mixture to combine equal parts of Weed-X and Pest-O. Weed-X has a standard cost of $9.50 per gallon and Pesto-O has a standard cost of $24.60 per gallon. Each gallon can treat 100 square yards of lawn. John expects to treat 536,000 square yards of lawn. For the past season, John treated 656,000 square yards. He used 4,000 gallons of Weed-X and 3,900 gallons of Pest-o. He paid a total of $33,200 for the Weed-X and $95,550 for the Pest-o. Required: a. Compute the materials price and efficiency variances for the season. b. Compute the materials mix and yield variances for the season. Complete this question by entering your answers in the tabs below. Required A Required B Compute the materials mix and yield variances for the season. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole dollar) Materials Mix Yield Variances Weed-X Pest- Total

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

Smoke And Mirrors Inc Accounting For Capitalism

Authors: Nicolas Vron, Matthieu Autret, Alfred Galichon, George Holoch

1st Edition

0801444160, 978-0801444166

More Books

Students also viewed these Accounting questions

Question

Compose the six common types of social business messages.

Answered: 1 week ago

Question

Describe positive and neutral messages.

Answered: 1 week ago