Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Product X has a standard direct material cost as follows. 1 0 kg of material Y at $ 5 per kg , that is ,

Product X has a standard direct material cost as follows.
10 kg of material Y at $5 per kg, that is, $50 material Y per unit of X. During the current period, 1,000 units of X were manufactured, using 8,000 kg of material Y which cost $45,000.
The direct material usage variance is $.

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

Management Accounting For Decision Makers

Authors: Peter Atrill

9th Edition

9781292204574

More Books

Students also viewed these Accounting questions

Question

Give details of the use of ICT in workforce planning

Answered: 1 week ago

Question

Explain the various meanings of and approaches to flexible working

Answered: 1 week ago