Determine the flexible budget materials cost

Reference no: EM13270976

Assume that pearle vision uses standard costs to control the materials in its made-to-order sunglasses. The standards call for 2 ounces of material for each pair of lenses. The standard cost per ounce of material is $15. During July, the santa clara location produced 4800 pairs of sunglasses and used 9000 ounces of materials. The cost of materials during july was $15.25 per ounce and there was no beginning or ending inventories.

required

a. Determine the flexible budget materials cost for the completion of the 4800 pairs of sunglasses.

b. determine the actual materials cost incurred for the completion of the 4800 pairs of glasses and compute the total materials variance.

c. how much of the total variance was related to the price paid to the purchase the materials.

d. how much of the differece between between the naswers to requirements a and b was related to the quantitiy of materials used?

Reference no: EM13270976

Questions Cloud

Discuss the relationship between budgeting and planning : Discuss the relationship between budgeting and planning. How are they related? What differences exist between the two?

Leadership role in the future of medicine : what do you believe that it takes to become a great healthcare leader? What can you personally do right now to prepare yourself for a leadership role in the future of medicine?

Discuss at least two such milestones : What do you consider the most important milestones in the history of U.S. healthcare, and why? Discuss at least two such milestones

Chromosome rearrangements : Pseudodominance is associated with which of the following chromosome rearrangements?

Determine the flexible budget materials cost : Determine the flexible budget materials cost for the completion of the 4800 pairs of sunglasses. determine the actual materials cost incurred for the completion of the 4800 pairs of glasses and compute the total materials variance.

Organizations'' selection systems-disparate impact : The black-white gap continues to exist with regard to reading, math, and graduation rates. What are the implications of this on organizations' selection systems (i.e., disparate impact)?

S rod responsible for paying additional labor costs : Rod was driving a tractor-trailer when he struck a concrete barrier. The truck was stuck on top of the barrier and Towco was called to get it off. Rod asked how much it would cost to tow the truck. He was told $275. No labor or other costs were discu..

Understanding cultural phenomena is essential to completion : Understanding cultural phenomena is essential to the completion of an accurate health assessment. Please choose a cultural group from Table 4.1 (pp. 69-71) from your text and describe the cultural differences pertinent to that group.

What is integrated marketing communications : What is integrated marketing communications? Describe the marketing communications mix used by Drypers. How would you characterize the disposable diaper and training pants market in the United States? How would you characterize the competitive situat..

User Account

All Pages