User Account

All Pages

Determine what is the materials quantity variance for month

Assignment Help Managerial Accounting
Reference no: EM132529147

The following materials standards have been established for a particular product:

Standard quantity per unit of output1.7meters

Standard price$19.80per meter

The following data pertain to operations concerning the product for the last month:

Actual materials purchased5,800meters

Actual cost of materials purchased$113,680

Actual materials used in production5,100meters

Actual output3,200units

Question 1: What is the materials quantity variance for the month?

Option 1: $13,720 U

Option 2: $6,664 F

Option 3: $13,860 U

Option 4: $6,732 F

Reference no: EM132529147

Questions Cloud

Write sage code to recover the input block : Using the Sage tool solve, Let temp_block denote a Sage variable that contains the output of the first application of function fK (f_K in the Sage example code)
Evaluation of online shopping and its branches : EVALUATION OF ONLINE SHOPPING & ITS BRANCHES - Data collection and Report on Methods of Analysis of Data - Analyse the data and write a report
What is the probability of finding : In forming binary numbers, the probability that an incorrect digit will appear is 0.002. If errors are independent, what is the probability of finding
Analyze the need for diversity awareness in communications : Analyze the need for diversity awareness in communications. Describe the level of diversity awareness in your organization's climate.
Determine what is the materials quantity variance for month : What is the materials quantity variance for the month? The data pertain to operations concerning the product for the last month.
Where would you turn to find resources to build the policy : If you were asked by your employer to develop a new Information Security Policy, where would you turn to find resources to build this policy? List the two most.
Components of swot analysis : What information or detail is important to add to a SWOT analysis in general? How can a complete SWOT help a company succeed?
Calculate the probability in a given year that area : A certain area of eastern United States is, on average, hit by 6 hurricanes a year.
Function to find the median of the given data : A program in R language for user defined function to find the median of the given data. Take appropriate data of your choice.

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