The following materials standards have been established for a particular product:
Standard qu...
Business, 25.02.2020 18:39 destiniout04231
The following materials standards have been established for a particular product:
Standard quantity per unit of output 4.4 pounds
Standard price $13.20 per pound
The following data pertain to operations concerning the product for the last month:
Actual materials purchased 3600 grams
Actual cost of materials purchased $41940
Actual materials used in production 2900 grams
Actual output 550 units
The direct materials purchases variance is computed when the materials are purchased.
(a) What is the materials price variance for the month?
(b) What is the materials quantity variance for the month?
Answers: 2
Another question on Business
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
Business, 22.06.2019 15:30
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
You know the right answer?
Questions
Computers and Technology, 11.02.2020 22:21
History, 11.02.2020 22:21
History, 11.02.2020 22:21
English, 11.02.2020 22:21
Social Studies, 11.02.2020 22:21
English, 11.02.2020 22:21
