User Account

All Pages

Raylight products planned to use 1 yard of plastic per unit

Assignment Help Accounting Basics
Reference no: EM13599683

Raylight Products planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 2,600 units, although it had planned to make only 2,200 units. Total yards used for production were 2,640. How much is the total materials variance?

Reference no: EM13599683

Questions Cloud

Kahane co has an inventory conversion period of 5175 days : kahane co has an inventory conversion period of 51.75 days an average collection period of 41.50 days and a payable
Analyze wwwebs current policy on how the three divisions : wwweb marketing is a decentralized firm specializing in designing and operating internet marketing web sites. the firm
Heithoff company makes two products and is implementing an : heithoff company makes two products and is implementing an activity based costing abc system. previously all overhead
Silver ltd leased a processing plant to emerald ltd the : on 1 july 2009 silver ltd leased a processing plant to emerald ltd. the plant was purchased by silver ltd on 1 july
Raylight products planned to use 1 yard of plastic per unit : raylight products planned to use 1 yard of plastic per unit budgeted at 81 a yard. however the plastic actually cost 80
In december 2008 ace consulting performed services for a : in december 2008 ace consulting performed services for a customer for 12000 on account. on june 1 2009 after several
If there are so many generally accepted accounting : if there are so many generally accepted accounting principles gaap and outside auditors auditing company books why have
Profit center performance is part of each profit center : the chicago omni hotel is a 750-room luxury hotel offering guests the finest facilities in downtown chicago. the hotel
The accuracy of accounting records is enhanced by the : the accuracy of accounting records is enhanced by the integrity of internal controls. comment on this statement and

Reviews

Write a Review

Accounting Basics Questions & Answers

  How should power station account for the lease

How should Power Station account for the lease of the turbines from Energy Corporation? Please cite specific references in Codification. Be specific in your response and include rationale.

  Which of the following is most likely section 1231 property

1. in 2014 james invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 70000 of feed

  Total interest expense related to bonds

The bonds are dated January 1, 2006, and mature on January 1, 2010. The total interest expense related to these bonds for the year ended December 31, 2006 is ??

  We know that one ratio will not provide complete insight

we know that one ratio will not provide complete insight into a company. however imagine owning your own

  Establish a petty cash fund to help ensure internal control

Carolyn Keene, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The following information is available for the month of April.

  For the most recent year what amount is reported for net

internet exercise choose any publicly traded company and answer the questions. include the statement of cashflows

  Suppose a company has five different capital budgeting

suppose a company has five different capital budgeting projects from which to choose but has constrained funds and

  What is the effective annual rate

California Wines offers credit terms of 2/5, net 25. What is the effective annual rate on a $8,000 purchase of wines if you forgo the discount?

  The bonds are unsecured but registered to the name of the

cactus construction sells 1000000 of 8 bonds on january 1 of the current year. the bonds are unsecured but registered

  Calculate the combined pre-determined oh rate

Calculate the combined pre-determined OH rate using (1) units of production (2) machine hours: 40,000 machine hours, variable mfg OH $80,000, Fixed mfg OH $325,000. The company expects to produce 10,000 units and each product requires 4 hours of m..

  Axel will purchase the equipment that cost the least

Plan A: MRE offers to let Axel pay $55,000 each year for five years. The payments include interest at 12% per year. Plan B: Westernhome will let Axel make a single payment of $425,000 at the end of five years. This payment includes both principal and..

  The costs are assigned to two cost pools one for fixed and

apex companys copy department which does almost all of the photocopying for the sales department and the administrative

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