How many kilograms were purchased

Assignment Help Accounting Basics
Reference no: EM132530186

Question - A quantity of a particular raw material was purchased for $60,690. The standard cost of the material was $2.00 per kilogram and there was an unfavorable materials price variance of $3,280. How many kilograms were purchased?

a. 28,705

b. 30,330

c. 31,955

d. 33,580

Reference no: EM132530186

Questions Cloud

Describe how victim effects can influence helping behavior : In 750-1,000 words, define and discuss the ways in which diffusion of responsibility, pluralistic ignorance, and victim effects can influence helping behavior.
Compute the contribution margin for Parts Division : Compute the contribution margin for Parts Division, Machines Division, and Global Tronics, Inc. associated with the sale of Part Z35 and Model SC20
Make journal entries to record the information : Prepare journal entries to record the information given above. (If no entry is required for a transaction/event, select "No journal entry required")
Should go about forming our opinions about civic affairs : As responsible citizens, how do you think we should go about forming our opinions about civic affairs? How closely have you examined your own opinions
How many kilograms were purchased : The standard cost of the material was $2.00 per kilogram and there was an unfavorable materials price variance of $3,280. How many kilograms were purchased
Demonstrate net cash provided by operating activities : If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is
What would be the total combined direct labor cost : Morie Corporation is working on its direct labor budget for the next two months. What would be the total combined direct labor cost for the two months
Determine the guest nights for june : Assume that the occupancy rate for June of the prior year was 82%. Has the utilization rate for Jake's Cabins improved or declined?
What would be the weight used for equity : FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, What would be the weight used for equity

Reviews

Write a Review

Accounting Basics Questions & Answers

  Audit question - are the controls in place adequate

The company uses pre-numbered purchase orders. Audit question: Are the controls in place adequate? What improvement can be made

  Effects that inventory transactions

Explain the effects that inventory transactions have on the statement of cash flows.

  Garden sales inc sells garden supplies management is

garden sales inc. sells garden supplies. management is planning its cash needs for the second quarter. the company

  Determine the inventory cost by the average cost methods

The units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 20 units @ $30 $600 June 16 Purchase 30 units.

  Provide an example of the closing of an expense account

Explain why this process is required. Provide an example of the closing of an expense account, salary expense in the form of a journal entry

  What is the predicted cost of receiving for a month

Using the formula from Requirement 1, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed?

  Worth hawes manufacturing

Worth Hawes Manufacturing.

  Prepare an income statement for the year ended december

Prepare an income statement for the year ended December, Prepare a retained earnings statement for the year ended December

  How much interest would anthony earn per month

How much interest would Anthony earn per month at Bank of America if it were offering 1% (0.1) interest per year on checking accounts?

  Prepare the journal entry to record bad debt expense

Prepare the journal entry to record bad debt expense for Mckinney at the end of year one

  A company decided to change its inventory valuation method

a company decided to change its inventory valuation method from fifo to lifo in a period of falling prices.what would

  Find two or three articles that address financial reporting

find two or three articles that address financial reporting practices and ethical standards in health care finance

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