User Account

All Pages

Discuss standard cost to make one unit of product includes

Assignment Help Accounting Basics
Reference no: EM131758254

Assume that the standard cost to make one unit of product includes 15 units of raw materials at a price of $3 per unit. In July, 34,000 units of raw materials were purchased for $100,800, and 30,600 units of raw materials were used to produce 2,000 units of finished product.

What is the materials quantity variance?

Select one:

A. $2,400 (U)B. $1,800 (U)C. $1,200 (U)D. $1,200 (F)

Reference no: EM131758254

Questions Cloud

Discuss a reimbursement-type grant : This was a reimbursement-type grant. On August 31, $400,000 of expenditures were recorded
Find equation of the leastsquares regression line of height : Use your regression line to predict Sarah's height at age 40 years (480 months). Convert your prediction to inches (2.54 cm = 1 inch).
How companies individually employ a shared value : How companies individually or in collaboratively employ a Shared Value Strategy enhance their own business .
Write an essay that outlines effects of a chronic disease : Using peer-reviewed journal articles as references, write an essay that outlines the effects of a chronic disease on society.
Discuss standard cost to make one unit of product includes : Assume that the standard cost to make one unit of product includes 15 units of raw materials at a price of $3 per unit
Describe the motivation process : Can you help me with these questions? 1. Why do managers need to understand the needs of their employees?
Identify the unusual point in the scatterplot : Drilling down beneath a lake in Alaska yields chemical evidence of past changes in climate. Biological silicon, left by the skeletons of single-celled.
Describe the cardiovascular disease process : Describe the cardiovascular disease process. List and explain the two types of diabetes. How are they different? How are they the same?
Inventory complete for materials and conversion costs : Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs

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