Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 20, 2024

La Bouche Inc. used actual material of 3125 kg which was higher than the standard quantity by 125 kg. The standard price was $30 per

La Bouche Inc. used actual material of 3125 kg which was higher than the standard quantity by 125 kg. The standard price was $30 per kg and the total material variance is $11875 favourable. The actual price is $

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

Recommended Textbook for

International Accounting

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

5th edition

1259747980, 9781259747984, 1260466531, 978-1260466539

More Books

Students also viewed these Accounting questions

Question

★★★★★

What are subsidiary ledgers and control accounts, and why are they used? Describe how they work.

Answered: 1 week ago

Question

★★★★★

Primary halides of the type ROCH2X apparently undergo SN1-type reactions, whereas most primary halides do not. Can you propose a resonance explanation for the ability of halides of the type ROCH2X to...

Answered: 1 week ago

Question

★★★★★

Did the researcher use triangulation?

Answered: 1 week ago

Question

★★★★★

1. Do you see any problems with Philip Austins plan for European expansion? Do you support his entrepreneurial approach to exporting? What should be the features of a more systematic approach to...

Answered: 1 week ago

Question

★★★★★

The condensed financial statements of Murawski Company for the years 2019 and 2020 are presented follows. (Amounts in thousands.) MURAWSKI COMPANY Balance Sheets December 31 2020 2019 Current assets...

Answered: 1 week ago

Question

★★★★★

1. How should the bank evaluate Rusty bucket Brewery Co. LLC's USD 750000 loan request? 2. which SBA program would the bank most likely use to fund the loan for Rusty BUcket Brewing Co.LLC ? 3....

Answered: 1 week ago

Question

★★★★★

ThumbDrive Ltd produces USB flash drives (drives). They have the following budgeted standards for the month of March 2019: Average selling price per drive $9.20 Total direct materials cost per drive...

Answered: 1 week ago

Question

★★★★★

Suppose an influenza vaccine trial carried out during an epidemic. Of 460 adults who took part, 240 received influenza vaccine and 220 received placebo. Overall, 100 people contracted influenza, of...

Answered: 1 week ago

Question

★★★★★

. The following items appeared on December 31 Excel work sheet. Based on the following information, what is profit for the year? Prepare the adjusted trial balance. Income statement Balance sheet....

Answered: 1 week ago

Question

★★★★★

The ABC Company has net written premiums in the amount of $4.12 billion and a policyholders' surplus of $2.84 billion. LMN Inc. has net written premiums in the amount of $9.85 billion and a...

Answered: 1 week ago

Question

★★★★★

I need help identifying the preliminary accounting issues or problems with this case. The case information and facts are below, what problems should be investigated? Grocery Inc. (Grocery or the...

Answered: 1 week ago

Question

★★★★★

Imagine it is currently the first day of 2019. The corporate tax rate is 40% and the WACC is estimated to be 13% pa. Suppose also that there is no surplus cash in any year and that Terminal Value...

Answered: 1 week ago

Question

★★★★★

Equipment was acquired at the beginning of the year at a cost of $280,000. The equipment was depreciated using thedouble-declining-balance methodbased on an estimated useful life of 16 years and an...

Answered: 1 week ago

Question

★★★★★

2. How can the expectations we have of a person contribute to the image we have of him / her? Give some examples from your own everyday life.

Answered: 1 week ago

Question

★★★★★

9. Discuss the statement: If the actors mainly act on the basis of a view of human-ity as driven by self-interest, and incorporate this idea into their models, they may end up with their premises...

Answered: 1 week ago

Question

★★★★★

5. What does it mean when we say the evaluation comes before the presenta-tion?.

Answered: 1 week ago

Previous Question Next Question