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The following standards have been established for a raw material used to make product 084 Standard...
the following standards have been established for a raw material used to make product O84 The...
the following standards have been established for a raw
material used to make product O84
The following standards have been established for a raw material used to make product 084: Standard quantity of the material per unit of output Standard price of the material 8.1 meters $ 19.30 per meter The following data pertain to a recent month's operations: Actual material purchased Actual cost of material purchased Actual material used in production Actual output 4,400 meters $ 88,880 4.100 meters...
The following standards have been established for a raw material used to make product N04: Standard...
The following standards have been established for a raw material used to make product N04: Standard quantity of the material per unit of output 2.7 pounds Standard price of the material ........ $15.50 per pound The following data pertain to a recent month's operations: Actual material purchased.... 5,200 pounds Actual cost of material purchased......... $82,680 Actual material used in production....... 4,600 pounds Actual output.... 1,760 units of product N04 a. What is the materials price variance for the month? b....
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output 6.0 meters Standard price $ 18.30 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 9,700 meters Actual cost of materials purchased $ 185,270 Actual materials used in production 9,200 meters Actual output 1,510 units What is the materials price variance for the month? Multiple Choice $2,674 U $10,200 U $7,760 U $15,950 U...
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output 4.4 meters Standard price $ 18.70 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,500 meters Actual cost of materials purchased $ 147,750 Actual materials used in production 7,100 meters Actual output 1,550 units What is the materials price variance for the month? Multiple Choice $7,900 U $5,516 U $7,500 U $13,450 U
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.3 meters $ 19.20 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 9, 300 meters $188,140 8,700 meters 1,600 units What is the materials price variance for the month? Multiple Choice $4.4510 o oo $9.580 U $9.900 0 $17.280
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.6 pounds $14.40 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 6,600 pounds $64,080 6,100 pounds 820 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month?
he following materials standards have been established for a particular product: Standard quantity per unit of...
he following materials standards have been established for a particular product: Standard quantity per unit of output 5.0 pounds Standard price $ 13.80 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased 5,700 pounds Actual cost of materials purchased $ 63,480 Actual materials used in production 5,200 pounds Actual output 760 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for...
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.5 pounds $13.30 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 4,950 pounds $62,980 4,450 pounds 710 units The direct materials purchases variance is computed when the materials are purchased What is the materials quantity variance for the month?...
thank you The following materials standards have been established for a particular product: Standard quantity per...
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The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.8 pounds $13.60 per pound The following data pertain to operations concerning the product for the last month: 5,400 pounds Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output $63,280 4,900 pounds 740 units The direct materials purchases variance is computed when the materials are purchased What is the materials quantity variance for...
The following materials standards have been established for a particular product: Standard quantity per unit of...
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 6.3 pounds $15.10 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 7,650 pounds $64, 780 7,150 pounds 890 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the...
the following standards have been established for a raw
material used to make product O84
The following standards have been established for a raw material used to make product 084: Standard quantity of the material per unit of output Standard price of the material 8.1 meters $ 19.30 per meter The following data pertain to a recent month's operations: Actual material purchased Actual cost of material purchased Actual material used in production Actual output 4,400 meters $ 88,880 4.100 meters...
The following standards have been established for a raw material used to make product N04: Standard quantity of the material per unit of output 2.7 pounds Standard price of the material ........ $15.50 per pound The following data pertain to a recent month's operations: Actual material purchased.... 5,200 pounds Actual cost of material purchased......... $82,680 Actual material used in production....... 4,600 pounds Actual output.... 1,760 units of product N04 a. What is the materials price variance for the month? b....
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.3 meters $ 19.20 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 9, 300 meters $188,140 8,700 meters 1,600 units What is the materials price variance for the month? Multiple Choice $4.4510 o oo $9.580 U $9.900 0 $17.280
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.6 pounds $14.40 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 6,600 pounds $64,080 6,100 pounds 820 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month?
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.5 pounds $13.30 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 4,950 pounds $62,980 4,450 pounds 710 units The direct materials purchases variance is computed when the materials are purchased What is the materials quantity variance for the month?...
thank you
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.8 pounds $13.60 per pound The following data pertain to operations concerning the product for the last month: 5,400 pounds Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output $63,280 4,900 pounds 740 units The direct materials purchases variance is computed when the materials are purchased What is the materials quantity variance for...
The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 6.3 pounds $15.10 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 7,650 pounds $64, 780 7,150 pounds 890 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the...
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