User Account

All Pages

What is the amount in dollars of the direct materials usage

Assignment Help Managerial Accounting
Reference no: EM132890348

Question - Copy of the following information about last month's production is found below

Units produced: 3,958

Direct Materials Standards per unit: 2.8 pounds at 8.1 per pound

Direct Materials purchased and used 11,782 pounds for $117,866

What is the amount in dollars of the direct materials usage (quantity) variance (do not include favorable or unfavorable)?

Reference no: EM132890348

Questions Cloud

What will the price be 5 years from now : A 20-year, $1,000 par value bond has an 6.5% annual payment coupon. The bond currently sells for $950.
Compute your monthly payments : Compute your monthly payments, interest and principal amortization payments, and end-of-year loan balances for the two-year period
Human-capital blind spots : Required: Consider the above, and elaborate on the various ways in which organizations may change their hiring and retention practices to remain more relevant t
What was your opinion of social theory : Reflect on where you started in this class. What was your opinion of social theory? What did you think you''d be learning in this class?
What is the amount in dollars of the direct materials usage : What is the amount in dollars of the direct materials usage (quantity) variance (do not include favorable or unfavorable)
How is your realized after-tax return different : Assuming you continue to hold the stock, calculate your after-tax return. How is your realized after-tax return different if you sell the stock
Show the december adjusting entry : Show the December 31 adjusting entry to record $750 of earned but unpaid salaries of employees at the end of the current accounting period
What categories fall in the domain of deen : What categories fall in the domain of Deen and what in the domain of religion
Explain private gain or the company gain : Jeff Skilling contends that the federal statute known as "honest services" was not valid because the jury was not required to review whether he acted for privat

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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