subject
Business, 21.04.2020 22:51 justapointie

Rocky Mountain Camping Equipment, Inc. has established the following direct-material standards for its two products. Standard Quantity Standard Price $9.50 per yard Standard camping tent 21 yards $7.60 per yard 16 yards Deluxe backpacking tent During March, the company purchased 4,700 yards of tent fabric for its standard model at a cost of $47,000. The actual March production of the standard tent was 17o tents, and 3,640 yards of fabric were used. Also during March, the company purchased 1,700 yards of the same tent fabric for its deluxe backpacking tent at a cost of $12,58O. The firm used 4,000 yards of the fabric during March in the production of 250 deluxe tents. Required: 1. Compute the direct-material purchase price variance and quantity variance for March. 2. Prepare journal entries to record the purchase of material, use of material, and incurrence of variances in March.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
]4. seiler company has the following information: materials work-in-process finished goods beginning inventory 300 400 500 ending inventory 700 900 1500 material purchase 7,700 cost of goods sold 15,600 direct labor 5,500 what was the manufacturing overhead for the period? a. $3,400. b. $4,300. c. $3,000. d. $5,500.
Answers: 2
question
Business, 22.06.2019 03:00
50 points mark brainliest 1) the information in the interactive presentation suggests that people a) utilize the perception of others rather that out own perception b) learn more about the positive aspects of perception c) should monitor how perceptual barriers influence our relationship d) spend more times on our personal relationships rather than our professional relationships 2) you are about to take the dog out for a walk but pause to watch the news because you hear the name of your town being mentioned hearing your town being mentioned on the news is an example of a) stimulation b) interaction c) organization d) interpretation- evaluation 3) tamara thinks ivan is upset with her because hes been unusually quiet today to better interpret the situation and communicate appropriately tamara should a) ask ivan why hes quiet and explain that hes being inconsiderate b) leave ivan alone because hes obviously going through something c) ask her guidance counselor for tips on providing therapy to a friend d) examine her own perception and then check in with ivan about his behavior 4) of the following abilities which is the most important to the perceptual checking process a) critical thinking ability b) creative ability c) memorizing ability d) organizational ability
Answers: 2
question
Business, 22.06.2019 16:00
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
question
Business, 22.06.2019 17:20
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
You know the right answer?
Rocky Mountain Camping Equipment, Inc. has established the following direct-material standards for i...
Questions
question
Arts, 22.07.2020 02:01
question
Business, 22.07.2020 02:01
Questions on the website: 13722361