FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Question 9 1.25 pts Perez, Inc. recently completed 56.000 units of a product that was expected to consume four pounds of direct material per finished

image text in transcribed
Question 9 1.25 pts Perez, Inc. recently completed 56.000 units of a product that was expected to consume four pounds of direct material per finished unit. The standard price of the direct material was $8.50 per pound. If the firm purchased and consumed 220.000 pounds in manufacturing cost-$1.881,0001, the direct-material quantity variance would be figured as: 557000 None of the answers is correct $34.000 557.000F 534000F

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

Modeling And Designing Accounting Systems Using Access To Build A Database
Modeling And Designing Accounting Systems Using Access To Build A Database

Authors: Laura R. Ingraham, C. Janie Chang

1st Edition

0471450871, 978-0471450870

More Books

Students explore these related Accounting questions

Question

What are the advantages of VoIP?

Answered: 3 weeks ago

Question

LO.3 On July 1 of the current year, the R&R Partnership was formed as a limited partnership to operate a bed-and-breakfast inn. The partnership paid $3,000 in legal fees for drafting the partnership...

Answered: 3 weeks ago

Question

Evaluator credibility: How did the evaluator establish their credibility, and how did the stakeholders perceive the evaluators credibility?

Answered: 3 weeks ago

Question

Sager Company manufactures variations of its product, a technopress, in response to custom orders from its customers. On May 1, the company had no inventories of goods in process or finished goods...

Answered: 3 weeks ago

Question

3. Ait with a mass of 4.1lbm at 30psia and 65F contained in a piston-cylinder device is compressed to a final pressure of 90psia. The compression is a polytropic process which follows the...

Answered: 3 weeks ago

Question

The next dividend payment by Halestorm, Inc., will be $2.00 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $40 per share. What...

Answered: 3 weeks ago

Question

As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar is R$1.73/$. The consensus forecast for the U.S. and Brazil inflation rates for the next 1-year period is 3.3% and...

Answered: 3 weeks ago

Question

Polycorp plans to pay a dividend of $6 in one year time dividend are then expected to increase by $1 a year for 5 year after that they are expected to grow at 2%pa forever shareholders required...

Answered: 3 weeks ago

Question

Michelle Sargol offers to pay $9,000 for a particular car located on John Weber's car lot. Weber accepts Sargol's offer and promises to transfer the title next week, at which time Sargol will pay for...

Answered: 3 weeks ago

Question

Recent research at the Wharton School suggests that harmonious bargaining Group of answer choices can bring about good long-term results. often backfires on the side that initiated harmonious...

Answered: 3 weeks ago

Question

Can the astronaut simply shake one tank and then the other two find the full tank? Why or why not?

Answered: 3 weeks ago

Question

=+2. After reviewing this textbook, what future trends and applications do you want to learn more about in social media? What steps do you want to take to get there?

Answered: 3 weeks ago

Question

=+What are some of the key training needs for line managers in an organization moving to decentralized HRM? Develop a list of new skills those line managers might need to take over certain HRM...

Answered: 3 weeks ago

Question

=+1. You are asked to write a post for your local agency about the top five trends that will be relevant for the next year. Research online and see what experts are talking about on the major media...

Answered: 3 weeks ago

Previous Question Next Question