User Account

All Pages

Compute the total materials variance

Assignment Help Accounting Basics
Reference no: EM132110518

Question - The standard cost of Product B manufactured by Pharrell Company includes 2.6 units of direct materials at $5.5 per unit.

During June, 27,200 units of direct materials are purchased at a cost of $5.45 per unit, and 27,200 units of direct materials are used to produce 10,400 units of Product B.

(a) Compute the total materials variance and the price and quantity variances.

(b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.55 and the quantity purchased and used is 26,900 units.

Reference no: EM132110518

Questions Cloud

Summary jury trials : "Summary Jury Trials". Describe a legal complaint that you think might benefit from a summary Jury trial and whether the outcome will be bending or advisory.
How you would react on finding out that your sex is opposite : We are socialized at every stage in life to conform to our gender identity. Societal reinforcement of tendencies of gender identity is relentless.
What will the last unit cost to build : What will the last unit cost to build? What will be the average time for the 20 missile guidance controls?
What are the best practices for treating individuals : What are the best practices for treating individuals of diverse cultural backgrounds? How does technology impact learning in the elementary school classroom?
Compute the total materials variance : Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.55
What are the departmental focus for reverse logistics : What are the departmental focus for reverse logistics? Department: Management/ Sales & Marketing/ Logistics & Distribution
How both micro-level factors and macro-level factors impact : SOCI421 : Sociologists talk about how both micro-level factors and macro-level factors impact the family and cause changes in family structure.
Develop an emergency response plan for your company : Develop an emergency response plan for your company. what went poorly during the response to a Crisis/Disaster
How factors influence problem solving : This week, you read about different ways in which problem solving occurs. You also learned how factors (such as creativity, brain activation).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd