The following company information is available. The direct materials quantity variance is:
Direct materials used for production 36,000 gallons
Standard quantity for units produced 34,400 gallons
Standard cost per gallon of direct material $6.00
Actual cost per gallon of direct material $6.10
A. $10,000 unfavorable.
B. $13,200 unfavorable.
C. $9,600 unfavorable.
D. $10,000 favorable.
E. $13,200 favorable.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The following company information is available. The direct materials quantity variance is: Direct materials used for production 36,000 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Asonia Co. will pay a dividend of $3.90, $8.05, $10.90, and $12.65 per share for each of the next four years, respectively. The company will then close its doors.
Answers (2)
What people, organization, and technology factors contributed to scotts miracle-gro's supply chain problems?
Answers (1)
A good interviewee will be prepared to explain how they would handle a situation or illustrate an answer with a personal experience.
Answers (1)
A factory costs $300,000. You forecast that it will produce cash inflows of $90,000 in year 1, $150,000 in year 2, and $240,000 in year 3. The discount rate is 11%. a. What is the value of the factory? (Do not round intermediate calculations.
Answers (1)
What is an example of a temporary account
Answers (1)
New Questions in Business
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Answers (1)
The Wheeler-Lea Act empowered the FTC to regulate the advertising of food and drugs. It declared all misleading, unfair, or deceptive practices to be illegal, regardless of injury to competition. a. True b. False
Answers (1)
Along with higher return comes
Answers (1)
Kalyan Corporation uses the FIFO method in its process costing system. Operating data for the Enameling Department for the month of May appear below: Units Percent Complete with Respect to Conversion Beginning work in process inventory 1,800 20 %
Answers (1)
Pager, a simple personal device for short messages, became famous in the 1990s. Troveron Communications launched a pager in the early twenty-first century.
Answers (1)