Direct materials inventory is carried at standard cost

Assignment Help Cost Accounting

Reference no: EM13715206

Arrow Industries employs a standard cost system in which direct materials inventory is carried at standard cost. Arrow has established the following standards for the prime costs of one unit of product.

Picture

During November, Arrow purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. Arrow manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours.

What is the direct materials efficiency (quantity) variance for November?
$14,250.
$14,400.
$16,000.
$17,100.

Reference no: EM13715206

Questions Cloud

What is the induced emf across the inductor : The current increases from 20 mA to 60 mA in a 25 mH inductor over 30 s. What is the induced emf across the inductor

What is the secondary potential : A transformer has 700 primary and 240 secondary turns. An alternating potential of 100 V is applied to the primary. What is the secondary potential

Balance and write half reaction and net ionic equation : Balance and write half reaction, complete and net ionic equation for this reaction (show your working):

What is the secondary potential : A transformer has 700 primary and 240 secondary turns. An alternating potential of 100 V is applied to the primary. What is the secondary potential

Direct materials inventory is carried at standard cost : During November, Arrow purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. Arrow manufactured 19,000 units of product during November usin..

Find the minimum initial speed of a projectile : Find the minimum initial speed of a projectile in order for it to reach a height of 1906 km above the surface of the earth

What is the purpose of washing your initial product : What is the purpose of washing your initial product (a solid) with aqueous sodium carbonate in Alkylation of Mesitylene.

What is the magnitude of the induced emf voltage : A magnetic B field of strength 6 T is perpendicular to a conducting loop of wire measuring 0.3 square meters with 90 turns. What is the magnitude of the induced emf voltage

What mass of potassium bromide is contained in solution : A potassium bromide solution is 8.34% potassium bromide by mass and its density is 1.03 g/mL. What mass of potassium bromide is contained in 44.8 mL of the solution

User Account

All Pages