FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 25 The following information about last month's production is found below Units Produced 4,078 Direct Materials Standards per unit 2.5 pounds at 8.4 per

image text in transcribed
QUESTION 25 The following information about last month's production is found below Units Produced 4,078 Direct Materials Standards per unit 2.5 pounds at 8.4 per pound Direct Materials purchased and used 10,264 pounds for $101,369 What is the amount in dollars of the direct materials price variance (do not include favorable or unfavorable)

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

Auditing Cases An Interactive Learning Approach

Auditing Cases An Interactive Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

5th International Edition

0132815591, 9780132815598

More Books

Students also viewed these Accounting questions

Question

★★★★★
A 2.0-L reaction flask initially contains 0.10 mol CO, 0.20 mol H2, and 0.50 mol CH3OH (methanol). If this mixture is brought in contact with a zinc oxidechromium(III) oxide catalyst, the equilibrium...

Answered: 1 week ago

Question

★★★★★
Domestic water and dental cavities, range restriction. Another way to look at the data presented in Exercise 14.6 is to restrict the analysis to a range that can be described with a straight line....

Answered: 1 week ago

Question

★★★★★
A group of people is randomly divided into an experimental and a control group. The control group is given an aptitude test after having eaten a full breakfast. The experi- mental group is given the...

Answered: 1 week ago

Question

★★★★★
Lorien Technologies, Inc., purchased the following securities during 2011: The following transactions occurred during 2012: a. On January 1, 2012, Lorien purchased Security E for $12,000. Security E...

Answered: 1 week ago

Question

★★★★★
Please change the code below according to the question above (has fixed numbers instead of user input and also uses functions instead of while loop)-- Main difference that needs to be changed CODE:...

Answered: 1 week ago

Question

★★★★★
36. Excellent Corp. produces motherboard at a special economic zone in Central Luzon. It is now considering to shift to new automated equipment instead of its present facility. Management was given...

Answered: 1 week ago

Question

★★★★★
Jan's electric bill is averaging $12 per day mostly due to the air conditioner. By setting the AC to a higher temperature, closing curtains to block sunlight, and using direct-blowing fans for...

Answered: 1 week ago

Question

★★★★★
What stage of human development are you in currently and what are your main challenges/activities? (I AM 24) Reflecting on Erikson's theory of psychosocial development, which stage do you find...

Answered: 1 week ago

Question

★★★★★
Think of a scenario from media you have recently seen that portrayed a traditional sexual script such as courtship, first date, first sexual encounter, long-term relationship, etc. First, briefly...

Answered: 1 week ago

Question

★★★★★
1. What was net operating working capital for 2014 and 2015? 2. What was the 2015 free cash flow? 3. How would you explain the large increase in 2015 dividends? Powell Panther Corporation: Balance...

Answered: 1 week ago

Question

★★★★★
Lobers, Inc., has two investment proposals, which have the following characteristics: PROJECT A PROJECT B PROFIT NET CASH PROFIT NET CASH PERIOD COST AFTER TAXES FLOW COST AFTER TAXES FLOW 0 $9,000 -...

Answered: 1 week ago

Question

★★★★★
=+2. As part of your entry exam for a new position, Dunkin Donuts wants you to create an editorial calendar outlining its celebration coming up for National Coffee Day. Outline some recommendations...

Answered: 1 week ago

Question

★★★★★
=+3. What is content curation and its role within social media?

Answered: 1 week ago

Question

★★★★★
=+1. You have been hired to create content for the Nutella Caf in Chicago, but you recognize you need to do a content audit. Outline the key steps and content you will need to review for this audit....

Answered: 1 week ago

Previous Question Next Question