User Account

All Pages

What direct-material price variance for peter corporation

Assignment Help Cost Accounting
Reference no: EM132746853

The following data relate to product no. 89 of Peter Corporation:

Direct material standard: 3 square feet at P2.50 per square foot

Direct material purchases: 30,000 square feet at P2.60 per square foot

Direct material consumed: 29,200 square feet

Manufacturing activity, product no. 89: 9,600 units completed

Problem 1: The direct-material price variance is:

a. P2,920U.

b. P3,000U.

c. P2,920F.

d. P2,880U

Reference no: EM132746853

Questions Cloud

How you would price a coupon paying bond : Carefully explain how you would price a coupon paying bond if you do not know the yield to maturity.
What the direct-material price variance would be calculated : Solo Corporation recently purchased 25,000 gallons of direct material at P5.60 per gallon, the direct-material price variance would be calculated as
How large must the endowment? be : The rate of interest is expected to be 5 percent for all future time periods. How large must the endowment? be?
What is the present value of cash? flows : If you require a 14 percent rate of? return, what is the present value of these cash? flows? (Round to the nearest whole? dollar)
What direct-material price variance for peter corporation : What the direct-material price variance is? Direct material purchases: 30,000 square feet at P2.60 per square foot, Direct material consumed: 29,200 square feet
Discuss various types of capital budgeting techniques : Discuss various types of capital budgeting techniques. Also identify the most appropriate technique and justify with logical reasoning.
Expected return on the package of common stock : Nevero is financed 100% by common stock. The expected return on the common stock ( ) is 15%. There are no taxes.
Evaluate what the direct-material price variance is : Evaluate what the direct-material price variance is? Standard quantity of direct material allowed for May production, 76,000 gallons
Finding the mortgage payment : Dorothy and Matt are ready to puchase their first home. Their current monthly cash inflows are $4,900, and the current momnthly cash outflows are $3,650

Reviews

Write a Review

Cost Accounting Questions & Answers

  Define the company should record the new display case

A company bought a new display case for $42,000 and was given a trade-in of $2,000 on an old display case, so the company paid $40,000 cash with the trade-in

  Compare the results of the two companies and discuss

Compare the results of the two companies and discuss what these results indicate to you as the analyst.

  What should be the maximum number of units in the inventory

When there are already 1400 units in the inventory. What should be the maximum number of units in the inventory in order to avoid high storage cost?

  Calculate the ratios - gross profit to sales

Calculate the ratios for each of the 3 years - Gross profit to sales

  What assumption does the absorption costing approach make

When the absorption costing approach to cost-plus pricing is used, what is the markup supposed to cover? What assumption does the absorption costing approach make about how consumers react to prices?

  Qcma adapted the domestic engines co produces the similar

qcma adapted the domestic engines co. produces the similar power generators in two illinois plants a new plant in

  How do find the return on assets for the second floating

How do find the Return on Assets (ROA) for the second floating dock versus the ROA for building a second new ship, assuming that existing operations

  Evaluate any qualitative factor

Prepare a quantitative analysis, and evaluate any qualitative factors that will be relevant to the decision. Provide a recommendation for management.

  Prepare journal entries to record the preceding information

Determine the February ending balance in WIP Inventory. How much of the balance relates to Job #218? Prepare journal entries to record the preceding information

  What are the estimated cash receipts from accounts

What are the estimated cash receipts from accounts receivable collections in April - Nassau Products is preparing a cash budget for April.

  Solve predetermined overhead cost of physical output

Solve predetermined overhead cost of Physical Output, Direct Material Cost Base,Direct Labor Cost Base,Direct Labor Hour Base,Machine Hour Base

  What is annual depreciation cost of equipment

Equipment would be depreciated over its useful life of 10 years using a tax allowable straight-line rate of 10%. What is annual depreciation cost of equipment?

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