Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
pls help Scarlett Company has a direct materials standard of 3 gallons of input at a cost of $8 per gallon. During July, Scarlett Company
pls help
Scarlett Company has a direct materials standard of 3 gallons of input at a cost of $8 per gallon. During July, Scarlett Company purchased and used 7,570 gallons. The direct materials quantity variance was $1520 unfavorable and the direct materials price variance was $3,785 favorable. What price per gallon was paid for the purchases? Multiple Choice 57.50 $5.40 $8.00 O $8.40 Raven applies overhead based on direct labor hours. The variable overhead standard is 14 hours at $23 per hour. During July, Raven spent $201700 for variable overhead. 8,290 tabor hours were used to produce 400 units. What is the variable overhead rate variance? Multiple Choice $5,420 unfavorable $2.710 unfavorable O $11.030 unfavorable O $5,420 favorable
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/66aa2b511bc0f_24066aa2b50ae3e7.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/66aa2b519cf11_24166aa2b5145175.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started