What is pharoah direct materials price variance

Assignment Help Managerial Accounting
Reference no: EM133091297

Question - Pharoah Manufacturing Company purchased 15200 switches to make 6600 units. The standard allows for 2 switches per unit. The company actually used 15700 to produce the 6600 units. Pharoah budgeted $0.75 per switch but had to pay $0.80 per switch. What is Pharoah's direct materials price variance for the period?

a. $660 unfavorable

b. $760 unfavorable

c. $530 unfavorable

d. $785 unfavorable

Reference no: EM133091297

Questions Cloud

What is the minimum capth gain bob must report : Mr. Bob McPipe owns a home in Edmonton as well as a cottage at Pigeon Lake. What is the minimum capth gain Bob must report
How much is ending fg inventory : Assume the beginning finished goods inventory was 0 (zero) and that Alpha sold 20% of its fully completed units, how much is ending FG inventory
Determine the budgeted production for october : Question - Metlock, Inc. produces and sells free-standing quilt frames. In budgeting for production needs, Determine the Budgeted production for October
International financial reporting standards : Research two contemporary accounting topics, such as valuing intellectual capital and International Financial Reporting Standards
What is pharoah direct materials price variance : Pharoah budgeted $0.75 per switch but had to pay $0.80 per switch. What is Pharoah's direct materials price variance for the period
What should be the capital balances of neri : Immediately after admission, what should be the capital balances of Neri, Que, and Sean, respectively, assuming bonus is not to be recognized
Review of business-industry and management : A review of the business, industry and management are critical aspects in the overall evaluation of a company.
Embraces common law and observes code law : Discuss some of the differences between the legal environment of a country that embraces Common Law and one that observes Code Law.
Neighborhood laundromat is for sale : Your neighborhood laundromat is for sale and a friend is considering investing in this business.

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