Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help! The per-unit standards for direct materials are 3 gallons at $1 per gallon. Last month, 13,400 gallons of direct materials that actually cost

please help!
image text in transcribed
The per-unit standards for direct materials are 3 gallons at $1 per gallon. Last month, 13,400 gallons of direct materials that actually cost $56,700 were used to produce 5,600 units of product. The favorable direct materials quantity variance for last month was Type your answer 24 points Fiona Corporation produces a product requiring 2.6 direct labor hours at $20 per hour. During January, 2,354 products are produced using 7,250 direct labor hours. Fiona's actual payroll during January was $101,078. What is the unfavorable labor quantity variance? Round to the nearest whoke dollar Do not indude a dollar sim in the onswer. The variance is unfovoroble. Enter a nesative sign invinous signl before the

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

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong

5th Edition

0730313743, 978-0730313748

More Books

Students also viewed these Accounting questions

Question

=+ What are the undesirable consequences?

Answered: 1 week ago