Solution-Find the direct-materials quantity variance

Find the direct-materials quantity variance

Assignment Help Cost Accounting

Reference no: EM132798314

Question - Victoria, Inc., recently completed 52,000 units of a product that was expected to consume five pounds of direct material per finished unit. The standard price of the direct material was P9 per pound. If the firm purchased and consumed 268,000 pounds in manufacturing (cost = P2,304,800), find the direct-materials quantity variance?

A. P72,000F.

B. P72,000U.

C. P107,200F.

D. P107,200U.

Reference no: EM132798314

Questions Cloud

Calculate the wavelength inside the transmission line : Calculate the wavelength inside the transmission line and Describe how you would check grounding for the pre-installed equipment rack, which is holding

Describe posts or conversations in which you have engaged : Describe the posts or conversations in which you have engaged that might be considered inappropriate based on the professional standards of nursing.

How much is the amount of the loss on repossession : A Company on October 1, 2019, sold article for P10,000 costing P7,000. How much is the amount of the loss on repossession

Describe the issues in the current systems : This assignment requires you to conduct your research on one of the following topic. The number of pages (Minimum 5 pages) excluding the title page.

Find the direct-materials quantity variance : If the firm purchased and consumed 268,000 pounds in manufacturing (cost = P2,304,800), find the direct-materials quantity variance

What is the fundamental role of finance in the economy : What is the fundamental role of finance in the economy? What has been the focus of financial innovation from Shylock to the Medicis and to the current day?

Can fiduciary responsibility be shifted or delegated : Who is a fiduciary? Can fiduciary responsibility be shifted or delegated? Explain with examples. Why do professional services have licensing exams?

What are the morbidity and mortality statistics : What are the morbidity and mortality statistics that link to this issue. Identify who is involved - particular population groups - age - ethnicity.

Construct a value weighted portfolio of three securities : You construct a value weighted portfolio of three securities. At time 0 the prices of Apple, Harley, and Blue Apron are $70, $30, and $150

User Account

All Pages

Find the direct-materials quantity variance

Reference no: EM132798314

Reference no: EM132798314

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT