User Account

All Pages

What is the materials price variance for Oriole for June

Assignment Help Managerial Accounting
Reference no: EM132992244

Question - In June, Oriole Manufacturing purchased 6500 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.24 and the company used 5900 gallons of the dye during the month. The standard price for the dye is $1.27. What is the materials price variance for Oriole for June?

Reference no: EM132992244

Questions Cloud

What is the amount of blossom total assets : The shareholders' equity of Blossom Corporation is $96,000. Its total liabilities are $44,000. What is the amount of Blossom's total assets?
How many years will take to reach dollar ten-thousand goal : How many years will it take you to reach your $10,000 goal? You need to accumulate $10,000. To do so, you plan to make deposits of $1,550 per year
How many months will take for account to grow : You are considering investing in a bank account, If you invest 3,000 at the end of each month, how many months will it take for your account to grow to 150,000?
Why materiality and materiality determination processes : Why materiality and materiality determination processes are a key aspect of the GRI guidelines. How has this approach enabled organisations
What is the materials price variance for Oriole for June : he price per gallon was $1.24 and the company used 5900 gallons of the dye during the month. What is the materials price variance for Oriole for June
Prepare the entry to record exercise of conversion option : Prepare the entry to record the exercise of the conversion option, using the book value method. Assume the company follows IFRS
What is basis risk : What is basis risk? How to minimize basis risks when the asset underlying the futures contract is not the same as the asset whose price is being hedged.
What is the discounted payback period : An investment project has the cash flow stream of $-250, $75, $125, $100, and $50. The cost of capital is 12%. What is the discounted payback period
Calculate the present value of the lease payments : On June 1, 2021, Florida National leased a building. The company's normal borrowing rate is 8%. Calculate the present value of the lease payments

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!

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