User Account

All Pages

Calculate the actual quantity of materials cisco used

Assignment Help Managerial Accounting
Reference no: EM132655118

Problem 1: During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 kilogram of steel per blade at a standard cost of $8 per kilogram. Cisco determined that it had a favourable materials usage variance of $1,000 for June. Calculate the actual quantity of materials Cisco used.

Select one:

a. 17,875 kilograms
b. 12,125 kilograms
c. 11,875 kilograms
d. 18,125 kilograms

Reference no: EM132655118

Questions Cloud

What extent do new zealand organisations manage diversity : -To what extent do New Zealand organisations manage diversity? Do they manage it effectively, or is it just tokenism?
How it professionals can attempt to estimate time : How IT professionals can attempt to estimate time and cost when we don't know the requirements yet
Performing cost-benefit analysis of the project : By keeping in view the current scenario of COVID-19 pandemic, the local government plans to establish specially designed
Explain the responsibilities of strategic leaders : Explain the responsibilities of strategic leaders with regard to staffing and organisation, and ensuring human capital for strategy implementation
Calculate the actual quantity of materials cisco used : Cisco determined that it had a favourable materials usage variance of $1,000 for June. Calculate the actual quantity of materials Cisco used.
List two aspects of organisational culture : List two aspects of organisational culture that can lead to resistance to change and explain how you can address them during planning and implementation of chan
Draw a feedback and control loop for a typical budgetary : Draw a feedback and control loop for a typical budgetary control system. Reflect on the advantages such a system brings to an organization
Discuss in brief about the hierarchy of the information : Discuss in brief about the Hierarchy of the information- based business decision makers. Which level has the best chance of success and why?
Find the beginning and end of the period : TRUE OR FALSE - Under the LIFO inventory flow assumption, if the number of units in inventories increase between the beginning and end of the period

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