Calculate the material budget variance

Assignment Help Accounting Basics
Reference no: EM133085660

Question - Sprague company's standard material cost per unit of output is $10 (2kg x $5) during July the company purchases and uses 3,200 kg of materials costing $16544 in making 1530 units of finished product. Calculate the material budget variance?

Reference no: EM133085660

Questions Cloud

Determine the value of net assets : Pendo Ltd. paid a consideration of Shs. 25,000,000.00 and acquired 80% of Imani Ltd. Determine the Value of Net assets
Appropriate marketing mix to implement that strategy : Based on your analysis, suggest a strategy from the product/market expansion grid and an appropriate marketing mix to implement that strategy.
What was ace plumbing revenue for the year : Question - During the current year, assets of Ace Plumbing increased from $68,000 to $76,000, What was Ace Plumbing revenue for the year
Business unit differentiation strategy : What skills should a person have for managing a business unit following a differentiation strategy?
Calculate the material budget variance : Sprague company's standard material cost per unit of output is $10 (2kg x $5). Calculate the material budget variance
Licensing and Franchising-Explanation of the key term : Explanation of the Key Term (Licensing and Franchising). Major Article Summary about Licensing and Franchising.
What amount of depreciation should be recorded each year : Based on this change in estimate, what amount of depreciation should be recorded each year over the remaining life of the asset
What is the present value of the building : Caddis Company acquired a building with a loan that requires payments of $22,000 every six months for 3 years. What is the present value of the building
Show calculations for ending inventory and purchases : Show calculations for ending inventory, purchases, and cost of goods sold for the first three quarters of 2022

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd