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

Question

1 Approved Answer

The following data relate to direct materials costs for November: Actual costs 4,500 pounds at $6.00 Standard costs 4,600 pounds at $5.50 What is the

The following data relate to direct materials costs for November: Actual costs 4,500 pounds at $6.00 Standard costs 4,600 pounds at $5.50 What is the direct materials price variance? a. $2,250 favorable b. $2,250 unfavorable c. $2,300 unfavorable d. $1,700 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

Cost Accounting Foundations And Evolutions

Cost Accounting Foundations And Evolutions

Authors: Amie Dragoo, Michael Kinney, Cecily Raiborn

10th Edition

1618533533, 9781618533531

More Books

Students also viewed these Accounting questions

Question

★★★★★
Look back at Table 7.5 shown below. a. What is the beta of a portfolio that has 40% invested in Ford and 60% in Pfizer? b. Would you invest in this portfolio if you had no superior information about...

Answered: 1 week ago

Question

★★★★★
The ego defense mechanism in which a person who is confronted with anxiety returns to a more immature behavioral stage is called ________. a. Repression b. Regression c. Reaction formation d....

Answered: 1 week ago

Question

★★★★★
When do you feel the safest?

Answered: 1 week ago

Question

★★★★★
As the world economy becomes more integrated, one question facing financial analysts is whether financial ratios can be compared across national boundaries. For example, at one time the average P/E...

Answered: 1 week ago

Question

★★★★★
Recognition of Contributions The following events relate to Habitat for Humanity International s activities. If appropriate, assume a discount rate of 3 percent per annum. Expenditures for house...

Answered: 1 week ago

Question

★★★★★
1 find the vector which starts at (3,4) and ends at (5,1). also find its length 2 find the vector which starts at (4,-2,3) and ends at (-3,5,1). also find its length. 3 For u =(2,1) and v = (4,-2),...

Answered: 1 week ago

Question

★★★★★
You are the manager of a successful automotive dealership. You have estimated the income elasticity for your automobiles to be 0.9, while the price elasticity of demand for your automobiles is -1.25....

Answered: 1 week ago

Question

★★★★★
Problem 2. Suppose you have $10,000 in cash and an empty pickle jar. You decide to keep the cash in the above-mentioned jar for safety. If the annual inflation rate is 2.5%, what would be the...

Answered: 1 week ago

Question

★★★★★
In 2014, Zappos, the online retailer, launched a management model named"Holacracy." Employeesinvolvedin a project gather together to discuss what needs to beaccomplished anddecide who...

Answered: 1 week ago

Question

★★★★★
Homemakers Ltd uses two kinds of material to make the kitchen cupboards, hardwood and plywood. The standard information for one unit of the material is as follows: Hardwood 30 sq. ft at $4 per sq....

Answered: 1 week ago

Question

★★★★★
Scenario: Platinum Ear Technology Platinum Ear Technology is a stereo component manufacturer in Maryland that specializes in stereo speakers for audiophiles. Its product are sold through exclusive...

Answered: 1 week ago

Previous Question Next Question