User Account

All Pages

Compute the total materials variance

Assignment Help Accounting Basics
Reference no: EM132101460

Question - The standard cost of Product B manufactured by Pharrell Company includes 3.1 units of direct materials at $6.1 per unit. During June, 26,900 units of direct materials are purchased at a cost of $5.85 per unit, and 26,900 units of direct materials are used to produce 8,500 units of Product B.

(a) Compute the total materials variance and the price and quantity variances

(b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.15 and the quantity purchased and used is 26,800 units.

Reference no: EM132101460

Questions Cloud

How much would the instrument division income : Question - Decision on Transfer Pricing - How much would the Instrument Division's income from operations increase
How does chronic kidney disease cause anemia : Describe the key pathophysiologic concepts of the diagnosis in question 1. To answer this question completely, you must answer all of the sub-questions.
What are the firm income tax liability : The Talley Corporation had a taxable income of $345,000 from operations, What are the firm's income tax liability and its after-tax income
Discuss reasons why globalization affected the supply chain : Define suppliers & explain their interests and power, especially as related to lead firms. Discuss two reasons why globalization affected the supply chain.
Compute the total materials variance : Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.15
Describe the congruence of your organization mission : Describe the congruence of your organization's mission and vision to its practice. (This means - How is the organization's mission and vision seen or carried.
It investment at north american financial : Mention respectively: 1- Problem 2- Symptoms 3- Business Impacts 4- Recommendation/Solutions
What is the primary purpose of a supply chain : What is the primary purpose of a supply chain? Give an example of a supply chain functioning in the aviation industry
Rigour of strategic management : Not-for-profit organisation do not need the rigour of strategic management as compared to commercial organisations.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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