How much did X Corp actually pay per pound for the materials

Assignment Help Managerial Accounting
Reference no: EM133138859

Question - X Corp has the following direct material standards:

Pounds/unit 1.82

Cost/pound $16

X Corp bought 8,000 pounds resulting in a price variance = $2,720 unfavorable. How much did X Corp actually pay per pound for the materials?

Reference no: EM133138859

Questions Cloud

Artificial intelligence assist in business decision making : On the TED@BCG stage, AI pathfinder Philipp Gerbert dispels the myth of AI as a complex and mysterious tool for business. In reality, he says, even those of us
What is the psychological effect : What is the psychological effect on the reader of a business letter when negative elements are introduced early in the letter?
Competitive environments of organisations : Discuss, evaluate and critically reflect the national and/or international market and competitive environments of organisations, and explain how organisational
What is human resource information systems : Discuss the competencies, according to the Society for Human Resource Management, that HR professionals require to be successful.
How much did X Corp actually pay per pound for the materials : X Corp bought 8,000 pounds resulting in a price variance = $2,720 unfavorable. How much did X Corp actually pay per pound for the materials
Why Amazon have been successful in the market : Why Amazon have been successful in the market? And also overview of Amazon like general aspect. Please provide sources
Designing-updating a current benefits plan : What do you think are the most important things to consider when designing/updating a current benefits plan?
Develop a diversity allies program : Achieving a diverse workplace requires more than a business case it requires us both individually and collectively to question our assumptions and the business
Indicate the effect of each of the foregoing items : Issued par value common stock for cash at par value. Indicate the effect of each of the foregoing items on the subdivisions of stockholders' equity

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd