Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to
The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to be produced in July Number of foam cushions to be produced in August Number of foam cushions to be produced in September 15.000 18,000 8,000 Each cushion requires 4 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 20% of the following month's expected production needs. How many pounds of foam does The Porch Cushion Company need to purchase in August? O A. 86,400 OB. 57,600 O C. 78,400 OD. 64,000 Jones Ice Cream Stand is operated by Mr. Jones and experiences different sales patterns throughout the year. To plan for the future, Mr. Jones wants to determine its cost behavior patterns. He has the following information available about the ice cream stand's operating costs and the number of soft serve cones served. Month Number of ice cream cones Total operating costs April 1,000 $1.900 May 2,100 $1,975 June 2.125 $2,000 July 3,000 $2,800 August 2,500 $2.175 September 2,900 $2,500 Using the high-low method, the fixed costs for a month are O A. $1,350 O B. $4,150 O C. $900 OD. $1,450 Performance Nutrition produces a protein shake which contains whey protein as one of its ingredients. The whey protein (materials) standards for each batch of protein shake produced are 12 pounds of whey protein at a standard cost of $3.00 per pound. During July, Performance Nutrition purchased and used 54,000 pounds of whey protein at a total of $195,000 to make a total of 4,200 batches of protein shake. What is the materials quantity variance for whey protein in July? O A. $104,400 unfavorable OB. $10,800 unfavorable O C. $10,800 favorable OD. $104,400 favorable
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