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

Question

1 Approved Answer

Vaughn Manufacturing planned to use 1 yard of material per unit budgeted at $77 a yard. However, the material actually cost $76 per yard. The

image text in transcribed
Vaughn Manufacturing planned to use 1 yard of material per unit budgeted at $77 a yard. However, the material actually cost $76 per yard. The company actually made 4500 units, although it had planned to make only 3900 units. Total yards used for production were 4590. What is the total materials variance? $6930U $46200U $2340U $4590F

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

Financial Accounting

Financial Accounting

Authors: David Spiceland

6th Edition

1265889716, 978-1265889715

More Books

Students also viewed these Accounting questions

Question

★★★★★
Consider two edge dislocations of opposite sign and having slip planes that are separated by several atomic distances as indicated in the diagram. Briefly describe the defect that results when these...

Answered: 1 week ago

Question

★★★★★
Look at Exercise 20.2 . Compute the opportunity costs of producing sweaters and wine in both France and Tunisia. Who has the lowest opportunity cost of producing sweaters and who has the lowest...

Answered: 1 week ago

Question

★★★★★
8.42. An unreplicated 24!1 fractional factorial experiment with four center points has been run. The experimenter has used the following factors: Factor Natural levels Coded levels (x's) A - time 10,...

Answered: 1 week ago

Question

★★★★★
This case requires students to prepare and interpret a Statement of Cash Flows or Sources and Uses, Common Size Statements, and Financial Ratios for a straightforward manufacturing firm which is...

Answered: 1 week ago

Question

★★★★★
Vaughn Manufacturing planned to use 1 yard of material per unit budgeted at $77 a yard. However, the material actually cost $76 per yard. The company actually made 4500 units, although it had planned...

Answered: 1 week ago

Question

★★★★★
Let's now consider a situation where because of the COVID-19 pandemic the businesses in country E have borrowed heavily in both dollars and domestic currency, while their revenues are stagnant and...

Answered: 1 week ago

Question

★★★★★
A person financed a motorcycle for $11,800 over 4 years with monthly payments of $295 at 5% add on interest. a) Determine the Finance Charge per $100. Round to the nearest cent. b) Determine the APR...

Answered: 1 week ago

Question

★★★★★
According to the article Practical Strategies for Death Notification in the Emergency Department, step 2, initiating contact discussed which of the following as best practices: Question 9 options:...

Answered: 1 week ago

Question

★★★★★
a random sample of 780 births in new york state included 385 boys and that sample is to be used for a test of the common belief of male births in the population is equal to 0.512. in testing the...

Answered: 1 week ago

Question

★★★★★
BEMC received several improper payments innocently. It was not their intention to trick the payer into these payments. In this situation, it is the most innocent of reasons for improper payments...

Answered: 1 week ago

Question

★★★★★
6-2 Building Industry-Recognized Skills Submission: Power BI Series A PivotTable is used for

Answered: 1 week ago

Question

★★★★★
5. Describe three different approaches to performance appraisal and comment critically on the benefits to be gained from these systems.

Answered: 1 week ago

Question

★★★★★
4. Performance management is described by Armstrong and Baron (2004) as a process which contributes to the effective management of individuals and teams in order to achieve high levels of...

Answered: 1 week ago

Question

★★★★★
2. What approach would you use as a way of ensuring good performance which is consistent with the ethos of the organisation among these volunteers?

Answered: 1 week ago

Previous Question Next Question