The following direct material information is available for Company A's most recent month of operations:
The following direct material information is available for Company A's most recent month of operations:
Standard price per unit of input . . . $16 per pound |
Actual price per unit of input . . . $14 per pound |
Direct Materials Price Variance . . . $120,000 F |
Total Direct Materials Variance . . . $40,000 F |
The actual output during the period was 26,625 units. The direct materials inventory increased by 2,000 pounds during the period. The standard quantity of direct material allowed is
2.75 pounds per unit
2.25 pounds per unit
2.00 pounds per unit
3.13 pounds per unit
1.81 pounds per unit
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The following direct material information is available for Company A's most recent month of operations:
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The actual output during the period was 26,625 units. The direct materials inventory increased by 2,000 pounds during the period. The standard quantity of direct material allowed isA.2.75 pounds per unitB.2.25 pounds per unitC.2.00 pounds per unitD.3.13 pounds per unitE.1.81 pounds per unit
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During June, Danby Company’s material purchases amounted to 8,000 pounds at a price of $6.20 per...
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Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor...
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Standard Price Standard Hours or Rate Cost 5.30 pounds 0.50 hours Direct materials $2.50 per pound $5.50 per hour $13.25 s 2.75 Direct labor During the most recent month, the following activity was recorded: a. Ten thousand two hundred pounds of material were purchased at a cost of $2.40 per pound. b....
Solve for all question marks please! E11-20A (similar to) Question Help Last month, Booth Corporation purchased...
Solve for all question marks
please!
E11-20A (similar to) Question Help Last month, Booth Corporation purchased and used the same quantity of ma EE(Click the icon to view the table.) Data Table Complete the following table. Medium speed bump Direct materials information Large speed bump (Round your answers to two decimal places.) Standard pounds per unit 14 Medium Standard price per pound 2.80 $ 2.00 $ Direct materials information speed bump Actual quantity purchased and used per unit 16 Standard...
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Last month, Banner Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon to view the table.) Complete the following table (Round your answers to two decimal places.) Large speed bump Data Table $ Medium speed bump Large speed bump 13 Direct materials information Standard pounds per unit Standard price per...
tem. In 2020, the company produced 27,900 units. Each unit took several pounds of direct materials ndard hourly rate of $13.00. Normal capacity was 49,700 direct labor hours. During the year, 1.30.300 pounds and 1.6 standard hours of direct labor at a purchased at $0.93 per pound. All materials purchased were used during the year What was the standard cost per unit of product? (Round answer to 2 decimal places, e-g. 2.75. $ Standard cost per unit If the 2.75.)...
6) A company has the following information available about one of its products: Standard price per pound of input Actual price per pound of input Standard inputs per unit of output Actual units of output Direct Materials Quantity Variance $25 $24 3 pounds 2,770 $250 F How many pounds of material were used? A) $8,330 B) $8,310 C) $8,300 D) $8,320
7) A company has the following information available about one of its products: Standard price per pound of input Actual price per pound of input Standard inputs per unit of output Actual units of output Direct Materials Price Variance Actual pounds of input used $27 3 pounds 3,000 $18,000 F 9,000 What is the standard price per pound of input? A) $29 B) $27 C) $25 D) $33
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Standard Price Standard Hours or Rate Cost 5.30 pounds 0.50 hours Direct materials $2.50 per pound $5.50 per hour $13.25 s 2.75 Direct labor During the most recent month, the following activity was recorded: a. Ten thousand two hundred pounds of material were purchased at a cost of $2.40 per pound. b....
Solve for all question marks
please!
E11-20A (similar to) Question Help Last month, Booth Corporation purchased and used the same quantity of ma EE(Click the icon to view the table.) Data Table Complete the following table. Medium speed bump Direct materials information Large speed bump (Round your answers to two decimal places.) Standard pounds per unit 14 Medium Standard price per pound 2.80 $ 2.00 $ Direct materials information speed bump Actual quantity purchased and used per unit 16 Standard...
Need help on large speed bump. How to calculate standard pounds
per unit and direct materials quantity variance?
Last month, Banner Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon to view the table.) Complete the following table (Round your answers to two decimal places.) Large speed bump Data Table $ Medium speed bump Large speed bump 13 Direct materials information Standard pounds per unit Standard price per...
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