Business, 18.02.2020 03:02 mmagee2020
Cal Farms reported supplies expense of $2,300,000 this year. The supplies account decreased by $250,000 during the year to an ending balance of $470,000. What was the cost of supplies the Cal Farms purchased during the year?
(A) $2,550,000.
(B) $2,770,000.
(C) $1,830,000.
(D) $2,050,000.
Answers: 1
Business, 21.06.2019 17:40
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Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
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Business, 23.06.2019 00:30
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Cal Farms reported supplies expense of $2,300,000 this year. The supplies account decreased by $250,...
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