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

Question

1 Approved Answer

The standard costs and actual costs for direct materials for the manufacture of 1,950 actual units of product are as follows: Standard Costs Direct materials

image text in transcribed
The standard costs and actual costs for direct materials for the manufacture of 1,950 actual units of product are as follows: Standard Costs Direct materials 1,950 kilograms at $8.60 Actual Costs Direct materials 2,000 kilograms at $8.00 The direct materials quantity variance is Oa. $430 unfavorable Ob. $430 favorable Oc. $344 unfavorable Od. $344 favorable

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

Survey Of Accounting

Survey Of Accounting

Authors: Thomas Edmonds, Philip Olds, Frances McNair, Bor-Yi Tsay

1st Edition

0073526770, 9780073526775

More Books

Students also viewed these Accounting questions

Question

★★★★★
A two-dimensional rectangular plate is subjected to the boundary conditions shown. Derive an expression for the steady-state temperature distribution T(x, y). T= Ax b. T = 0 T = 0 T= 0 a

Answered: 1 week ago

Question

★★★★★
Section 18.1 states that ordinarily, pressure, volume, and temperature cannot change individually without one affecting the others. Yet when a liquid evaporates, its volume changes, even though its...

Answered: 1 week ago

Question

★★★★★
Think about a time when you have received good and bad customer service. Consider how this was related to emotions at work, for example did the employee show you emotions you shouldnt have seen or...

Answered: 1 week ago

Question

★★★★★
The bookkeeper of Beautiful World Landscaping prepared the company's balance sheet while the accountant was ill. The balance sheet contains numerous errors. In particular, the bookkeeper knew that...

Answered: 1 week ago

Question

★★★★★
Suppose Capital One is advertising a 6 0 - month, 5 . 5 1 % APR motorcycle loan. If you need to borrow $ 9 , 2 0 0 to purchase your dream Harley - Davidson, what will be your monthly payment? ( Note:...

Answered: 1 week ago

Question

★★★★★
Two years ago, Izabella Martinez, from Atlanta, Georgia, invested $ 8 8 0 by buying 1 1 0 shares ( $ 8 per share NAV ) in the Can't Lose Mutual Fund, an aggressive growth no - load mutual fund. Last...

Answered: 1 week ago

Question

★★★★★
Question 10 of 13 You noticed that a fast food restaurant's operating cycle is 30 days. Would this suggest the restaurant is selling food beyond its expiration date? Select an answer: No, because the...

Answered: 1 week ago

Question

★★★★★
On 31 December 20X0 the inventory of V was completely destroyed by fire. The following information is available: Inventory at 1 December 20X0 at cost GHS28,400. Purchases for December 20X0 GHS49,600....

Answered: 1 week ago

Question

★★★★★
Sandhill Company offers a five-year warranty on its products. Sandhill previously estimated warranty costs to be 3% of sales but in 2025 revised this estimate to 1% due to process and quality control...

Answered: 1 week ago

Question

★★★★★
WA cost assignment Louvre Corp. applies the weighted average method for process costing. The following production and cost per EUP data are available for Louvre Corp. for February: Units completed...

Answered: 1 week ago

Question

★★★★★
The December 31, 2021, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Debits 55,000 Credits Accounts receivable 275,000 Prepaid rent 7,500 Inventory...

Answered: 1 week ago

Question

★★★★★
1. Set a personal goal for yourself in your work situation. Examine this goal in the light of the 10 factors to achieve goals.

Answered: 1 week ago

Question

★★★★★
4. Set up at least one work role that is important for you to master. Reflect on how you can use your time more efficiently, not necessarily spend more time, to perform better in this work role.

Answered: 1 week ago

Question

★★★★★
3. List four goals that are important to you. Then set up the roles that correspond to these goals. How will you shape your personal vision as a result of your goals and roles?

Answered: 1 week ago

Previous Question Next Question