Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pelligrini, Inc. makes high-quality swimsuits. During the year, the company produced 800 suits, using 1, 025 yards of material, and the company purchased 900 yards

image text in transcribed

Pelligrini, Inc. makes high-quality swimsuits. During the year, the company produced 800 suits, using 1, 025 yards of material, and the company purchased 900 yards of material for $4, 482. The direct materials standard for the swimsuits allows 1.2 yards of material at a standard price of $5 per yard. Calculate Pelligrini's direct materials quantity variance for the year. (If variance is zero, select "Not Applicable" and enter 0 for the amounts. Round answer to 0 decimal places, e.g. 15.) Direct material quantity variance $

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

Students also viewed these Accounting questions