User Account

All Pages

Determine the standard cost of materials

Assignment Help Accounting Basics
Reference no: EM133175962

Question - Epiphany Company purchased 340,000 pounds of material at a cost of P510,000. The materials price variance was unfavorable by P34,000. During the year, 300,000 pounds of this material was requisitioned for production. The materials quantity variance was unfavorable by P11,200. Determine the standard cost of materials that should have been used in production?

Reference no: EM133175962

Questions Cloud

Develop a hazard identification and risk assessment : Develop a hazard identification and risk assessment template that incorporate criteria for assessing the cannerys risks - Why are times to plan designated
Implement to ensure management and staff : Identify the unsafe work practices highlighted in the previous WHS report and provide recommendations - How you will make these recommendations and information
Decision making for portugal and turkey : Comparison and contrast based on the complexity of languages, communication styles, verbal & nonverbal behavior, and the process of decision making for Portugal
How you will implement the whs training : How you will implement the WHS training including WHS inductions for your new team members
Determine the standard cost of materials : The materials quantity variance was unfavorable by P11,200. Determine the standard cost of materials that should have been used in production
Describe the WHS training requirements : Describe the financial, human and specialist external resources you will need in your new role to help address current WHS management practices
How many shares will be outstanding after the split : Landry Corporation has 10,000,000 shares outstanding at a price of $135 each. How many shares will be outstanding after the split
What is the profit normally earned on one production run : What is the profit normally earned on one production run of Refined Oil and Top Quality Oil? Should Fiorello accept the special order
What is the projected operating cash flow for this project : The fixed cost for this project are $42,000, depreciation is $11,000 a year and the tax is 33%. What is the projected operating cash flow for this project

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