{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T07:13:11-04:00", "answer_date": "2024-06-28 07:13:11", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4261281", "url": "\/study-help\/questions\/please-fill-in-2-blanks-and-solve-as-quick-as-4261281", "question_creation_date_js": "2024-06-28T07:13:11-04:00", "question_creation_date": "Jun 28, 2024 07:13 AM", "meta_title": "[Solved] please fill in 2 blanks and solve as quic | SolutionInn", "meta_description": "Answer of - please fill in 2 blanks and solve as quick as possible Required information {The folio wing information appiies to the | SolutionInn", "meta_keywords": "fill,2,blanks,solve,quick,required,information,folio,wing,appiies,questions,dismayed", "question_title_h1": "please fill in 2 blanks and solve as quick as possible Required information {The folio wing information appiies to the questions dismayed bellow} Preble Company", "question_title": "please fill in 2 blanks and solve as quick as possible Required", "question_title_for_js_snippet": "please fill in 2 blanks and solve as quick as possible Required information The folio wing information appiies to the questions dismayed bellow Preble Company manufactures one product Its variable manufacturing overhead is applied to production based on direct labour hours, and its standard costs per unit are as follows Direct materials 5 kg at $11 00 per kg $ 55 06 Direct labour 3 hours at $12 per hour 36 06 Variable overhead 3 hours at 5 per hour 21 Total standard cost per unit $112 00 The company planned to produce and sell 21 000 units in March However, during March the company actually produced and sold 26,500' units and incurred the following costs a Purchased 154 000 kg of raw materials at a cost of $9 50 per kg All of this material was used in production b Direct labour 53,000 hours at a rate of $13 per hour c Total variable manufacturing overhead for the month was $510,930 2 What is the materials quantity variance for March (Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and None for no effect (i e , zero variance ) ) Materials quantity variance", "question_description": "

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please fill in 2 blanks and solve as quick as possible <\/p>

\"image\"image<\/div><\/div><\/div> Required information {The folio wing information appiies to the questions dismayed bellow} Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct. materials: 5 kg at $11.00 per kg $ 55.06 Direct labour: 3 hours at $12 per hour 36.06 Variable overhead: 3 hours at. 5? per hour 21.\\\"! Total standard cost per unit. $112.00 The company planned to produce and sell 21.000 units in March. However, during March the company actually produced and sold 26,500' units and incurred the following costs: a. Purchased 154.000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production. b. Direct labour: 53,000 hours at a rate of $13 per hour. c. Total variable manufacturing overhead for the month was $510,930. 2. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting \"F\" for favorable, \"U\" for unfavorable, and \"None\" for no effect (i.e., zero variance.).) Materials quantity variance", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Tools for Business Decision Making ", "isbn": "1118856996, 978-1118856994", "edition": "4th Canadian edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1190.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-4th-canadian-edition-1190", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8783935237", "uri": "\/textbooks\/reconstructing-the-capability-theory-of-amartya-sen-for-africa-the-science-of-development-part-2-1st-edition-979-8783935237-284894", "name": "Reconstructing The Capability Theory Of Amartya Sen For Africa The Science Of Development Part 2", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:13:11", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/determine-on-which-financial-statement-each-account-listed-below-is", "description": "Determine on which financial statement each account listed below is reported. 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