Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lindros Corporation makes hockey pucks, Following are the standard costs for producing the hockey pucks: In June Lindros produced 4, 700 hockey pucks using 10.280

image text in transcribed
Lindros Corporation makes hockey pucks, Following are the standard costs for producing the hockey pucks: In June Lindros produced 4, 700 hockey pucks using 10.280 kilos of the direct material and 2, 260 direct labor-hours. During the month. Lindros purchased 10.850 kilos of the direct material at a cost of $76, 730. The actual direct labor cost reported by Lindros was $38, 238 and the actual variable overhead cost was $11, 939. Lindros applies variable overhead on the basis of direct labor-hours The direct materials price variance is computed when the materials are purchased. The materials price variance for June is: (Do not round Intermediate calculations.) $640F $780F $640 U $780 U

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

More Books

Students also viewed these Accounting questions