Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 18 1 pts The standard cost card for a product shows the following data: Standard quantity per unit of output is 6 per pounds

image text in transcribed

Question 18 1 pts The standard cost card for a product shows the following data: Standard quantity per unit of output is 6 per pounds and the standard price is GHS 19 per pounds. Actual data for the just ended moth shows the following: Actual material of 10200 pounds were purchased at GHS 201500, but actual materials used for production was 9600 pounds. If actual output was 1580 units, find the material price variance for the month. NB: Work with 2 d.p 07650 F 10,850 F OGHS 7650 U 8600 U Question 12 1 pts GH Bus transport runs from Accra to Tamale in Ghana. The faire for a round-trip is GHS 150 and variable expense is GHS 100 per passenger. The company's hires the bus for a monthly fixed charge of GHS 10,000. Actual average monthly passengers are 500. Compute the company's degree of operating leverage. 1.67 times 3 times 1.55 times 0.6 times

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_2

Step: 3

blur-text-image_3

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

Government Auditing Standards 2011 Revision

Authors: U. S. Government Accountability Office, Comptroller General Of The United States

1st Edition

1482311372, 978-1482311372

More Books

Students also viewed these Accounting questions