Question
Table Manufacturing Company produces one style of tables. the following data pertain to producing one table Planned production/month ? units (one table) 50 Piece of
| Table Manufacturing Company produces one style of tables. | |
| the following data pertain to producing one table | |
| Planned production/month | ? |
| units (one table) | 50 |
| Piece of woods (M) | 20 |
| Estimated M price | $20 |
| Actual production | ? |
| Quantity purchased (QP) from M | 19 |
| Actual price (AP) | $21 |
| Material?volume (efficiency)?variance? | ? |
| $19, Favorable | ||
| $19, Unfavorable | ||
| $20, Favorable | ||
| $20, Unfavorable |
Given: Total direct material variance $200 favorable (F), Direct material price variance $900 unfavorable (UF), Standard price $10 Standard quantities 750 Find actual price
| 1. | Less than $10 | |
| 2. | Between $10 and $10.50 | |
| 3. | Between $11.00 and $11.50 | |
| 4. | More than $12.00 |
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
128408101X, 9781284081015
