Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 19, 2024

Question 3 An unfavorable materials quantity variance indicates that: actual usage of material exceeds the standard material allowed for output. standard material allowed for output

Question 3

An unfavorable materials quantity variance indicates that:

actual usage of material exceeds the standard material allowed for output.

standard material allowed for output exceeds the actual usage of material.

actual material price exceeds standard price

standard material price exceeds actual price.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 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

Accounting A Smart Approach

Authors: Mary Carey, Cathy Knowles, Jane Towers-Clark

3rd Edition

0198745133, 978-0198745136

More Books

Students also viewed these Accounting questions

Question

★★★★★

Analyzing change in sales price using the contribution margin ratio Hugh Company reported the following data regarding the product it sells: Required Use the contribution margin ratio approach and...

Answered: 1 week ago

Question

★★★★★

John Joshua wants to make five equal annual withdrawals of $20,000 from a fund that will earn interest at 12% compounded annually. Required How much would Joshua have to invest on January 1, 2007 if...

Answered: 1 week ago

Question

★★★★★

If humans are naturally attracted to what is positive and life giving, why are they so biased towards negativity?

Answered: 1 week ago

Question

★★★★★

The FCPA has too many exceptions to be an effective deterrent to unethical business practices. Do you agree or disagree with this statement? Explain your answer.

Answered: 1 week ago

Question

★★★★★

Current Attempt in Progress Equipment was purchased for $155000. Freight charges amounted to $7400 and there was a cost of $20200 for building a foundation and installing the equipment. It is...

Answered: 1 week ago

Question

★★★★★

If the number of units sold increased by 1 5 % , what would be K - cos expected operating income? a . $ 6 8 , 2 3 0 b . $ 7 6 , 1 2 5 c . $ 2 7 , 6 9 0 d . $ 6 1 , 8 0 0

Answered: 1 week ago

Question

★★★★★

Question: Over the last 6 months, you have received numerous complaints from guests and staff that the property management computer system (PMS) is slow, crashes regularly, causes long check-in...

Answered: 1 week ago

Question

★★★★★

1. The Jonestown Hideaway Resort hosts hundreds of weddings each year in its sprawling event center. In order to offer wedding parties an all-inclusive experience, they currently have a dedicated...

Answered: 1 week ago

Question

★★★★★

Selected accounts from WooHoo Company's adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds payable (due in 10 years) Machinery $ 4,200...

Answered: 1 week ago

Question

★★★★★

Classic hand pumps work by sucking air out and creating a vacuum the top of the pipe, which will drive the fluid up the pipe. In fact, it is similar to how we use a straw to drink liquids. What is...

Answered: 1 week ago

Question

★★★★★

You are planning to put up your own business. At that time, the craze was all about the Rubik's Cube. You are not sure if this will continue to be popular. Questions: Going back to the story, will...

Answered: 1 week ago

Question

★★★★★

If you were the dean of the SAS, knowing that the vice president does not want to set a collegewide policy, and Latoya appealed to you, what would you do? Would you develop a schoolwide policy for...

Answered: 1 week ago

Question

★★★★★

If you were Latoya, (a) knowing you had no verbal supporters during the meeting, would you have continued to defend your position or agreed to stop using a graduate assistant? (b) What do you think...

Answered: 1 week ago

Question

★★★★★

What would you do if you were Beth? (a) Would you talk to the dean, letting him know that Latoya said she would appeal the policy decision? (b) Which political behavior would that discussion...

Answered: 1 week ago

Previous Question Next Question