Resolved questionshow me another raquo managerial

Assignment Help Accounting Basics

Reference no: EM13606008

Resolved QuestionShow me another » Managerial accounting question about direct materials price and quantity variance? SITO Elevator Company manufactures small hydroelectric elevators with a maximum capacity of ten passengers. One of the direct materials used is heavy-duty carpeting for the floor of the elevator. The direct materials quantity standard for April was 8 square yards per elevator. During April, the purchasing agent purchased this carpeting at $11 per square yard; the standard price for the period was $12. Ninety elevators were completed and sold during the month; the Production Department used an average of 8.5 square yards of carpet per elevator. Calculate the company's direct materials price and quantity variances for carpeting for April

1. direct materials price variance is...., and is it favorable,unfavorable, or no effect

2. direct materials quantity varianceis...,and is it favorable, unfavorable, or no effect

Reference no: EM13606008

Questions Cloud

Love theatre inc owns and operates movie theaters : love theatre inc. owns and operates movie theaters throughout new mexico and utah. love theatre has declared the

Attend college part-time at a cost of 600 and work : juanita is trying to decide whether or not to attend college during the next 12-week session. she has the following

Gold forms a substitutional solid solution with silver : gold forms a substitutional solid solution with silver. compute the weight percent of gold that must be added to silver

Glynis beach co has a defined benefit pension plan for its : service costinterest costropaamortization for prior service costamortization for glpension liabilityand finally all the

Resolved questionshow me another raquo managerial : resolved questionshow me another raquo managerial accounting question about direct materials price and quantity

Given the indices of refraction and of material 1 and : given the indices of refraction and of material 1 and material 2 respectively rank these scenarios on the basis of the

Jordan who is paid monthly is single and claims 0 : jordan who is paid monthly is single and claims 0 deductions. he earns 100000 per year as a manager at a firm.

A trick coin has been weighted so that the probability of : a trick coin has been weighted so that the probability of heads is 0.8 and the probability of tails is 0.2.a. if you

Jordan who is paid monthly is single and claims 0 : jordan who is paid monthly is single and claims 0 deductions. he earns 100000 per year as a manager at a firm.

User Account

All Pages