Diekow productions manufactured and sold 1000 products at

Assignment Help Accounting Basics

Reference no: EM13588542

Diekow Productions manufactured and sold 1,000 products at $11,000 each during the past year. At the beginning of the year, production had been set at 1,200 products; direct materials standards had been set at 100 pounds of direct materials at $2 per pound for each product produced. During the year, the company purchased and used 98,000 pounds of direct materials; the cost was $2.04 per pound.Calculate Diekow Production's direct materials price and quantity variances for the year.

Reference no: EM13588542

Questions Cloud

In the current year joe green purchased xyz corporations : in the current year joe green purchased xyz corporations 10-year 10 bonds at original issue for 12000. the bonds had a

A spherical concave shaving mirror has a radius of : question a spherical concave shaving mirror has a radius of curvature of 33.0 cm. what is the magnification of a

Pierce had no restrictions on the use of the advance : pierce had no restrictions on the use of the advance rental payments and renders no services in connection with the

Your client keith moreland leasing company is preparing a : your client keith moreland leasing company is preparing a contract to lease a machine to souvenirs corporation for a

Diekow productions manufactured and sold 1000 products at : diekow productions manufactured and sold 1000 products at 11000 each during the past year. at the beginning of the year

A magnetic field is oriented at an angle of 37 degrees to : a magnetic field is oriented at an angle of 37 degrees to the normal of a rectangular area 4.5 cm by 7.0 cm. if the

Kerry company has 1050 shares of 100 par value 8 preferred : kerry company has 1050 shares of 100 par value 8 preferred stock and 9500 shares of 10 par value common stock

Bieber company has excess capacity on two machines 24 hours : bieber company has excess capacity on two machines 24 hours on machine 105 and 16 hours on machine 107. to use this

Prepare a common-size income statement and balance sheet : decide a whether sanfields ability to pay debts and to sell inventory improved or deteriorated during 2011 and b

User Account

All Pages