Question
please help The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The
please help
The flexible-budget variance for materials is $5,000 (U). The sales-volume variance is $13,000 (U). The price variance for material is $31000 (F). The efficiency variance for direct manufacturing labor is $7,000 (F). Calculate the price variance for materials
Select one:
a.$13,000 unfavorable
b.$36,000 favorable
c.$35,000 unfavorable
d.$36,000 unfavorable
e.$6,000 favorable
The standard quantity allowed for the units produced was 4,500 pounds, the standard price was $2.50 per pound, and the materials efficiency variance was $375 favorable. Each unit uses 1 pound of materials. How many units were actually produced?
Select one:
a.11,625
b.4,350
c.4,550
d.4,500
e.4,650
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