Summerlin Company budgeted 4,000 pounds of material costing $4.00 per pound to produce 2,100 units. The company actually used 4,500 pounds that cost $4.10 per pound to produce 2,100 units. What is the direct materials quantity variance?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Summerlin Company budgeted 4,000 pounds of material costing $4.00 per pound to produce 2,100 units. The company actually used 4,500 pounds ...” 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
Market supply is P = 10+0.5Q and market demand is P = 150-3Q in a perfectly competitive market. If a firm has fixed costs of 60, Variable Costs V C = 6q2 and Marginal Cost MC = 15q, which of the following will be true in the short run: A.
Answers (1)
Exercise 11-28 (LO. 3) Lucy sells her partnership interest, a passive activity, with an adjusted basis of $305,000 for $330,000.
Answers (1)
Cyra is a musician who is contracted to perform for Vanta Blue, a local pub. Vanta Blue pays her an advance as part of the contract. But Cyra never shows up to perform at Vanta Blue.
Answers (1)
The capital accounts of Harrison and Marti have balances of $160,000 and $110,000, respectively, on January 1, the beginning of the current fiscal year. On April 10, Harrison invested an additional $20,000.
Answers (1)
Excey Corp. has 10 percent coupon bonds making annual payments with a YTM of 9.5 percent. The current yield on these bonds is 9.85 percent. How many years do these bonds have left until they mature?
Answers (1)
New Questions in Business
Workers who receive benefits are often less motivated. True or false.
Answers (1)
Examples of transaction costs include (check all that apply) : A. the cost of the externality. B. the cost of monitoring an agreement. C. the cost of drafting a contract or agreement. D.
Answers (1)
Josh, Inc. is faced with the choice of either producing a newly designed product, XX-30, to stock in anticipation of demand or to customer order. The demand for the product is expected to be 5,000 units per week.
Answers (1)
Gwen is a psychologist who maintains an office in a professional suite. She often spends time doing paperwork and scheduling in her home officeWhich of the following is true?
Answers (1)
A certificate of deposit will often result in a penalty for withdrawing funds before the maturity date. If the penalty involves two months of interest, what would be the amount for early withdrawal on a $20,000, 4 percent CD?
Answers (1)