User Account

All Pages

What is the quantity variance

Assignment Help Accounting Basics
Reference no: EM132032379

Question - The standard material cost for vinyl use per table is $7.80 based on 6 square feet of vinyl at a cost of $1.30 per square foot. A production run of 1,000 in January resulted in usage of 6,400 square feet of vinyl at a cost of $1.20 per square foot, a total cost of $7,689. What is the quantity variance resulting from the above production run?

Reference no: EM132032379

Questions Cloud

Evaluate the strengths of preview control environment : Preview, a diversified manufacturer, has five divisions that operate throughout Malaysia. Evaluate the strengths and weaknesses of Preview's control environment
Prepare the journal entries to record the mortgage loan : The terms provide for semiannual installment payments of $17,769 on June 30 and December 31. Prepare the journal entries to record the mortgage loan
What is the balance of depreciation on brenda bar : Brenda's gross plant and equipment has a book value of $19.5 million. What is the balance of depreciation on Brenda's Bar and Grill's balance sheet
Explain the need for full disclosure in financial reporting : Explain need for full disclosure in financial reporting. Identify possible consequences of failing to properly disclose certain items in financial statements
What is the quantity variance : The standard material cost for vinyl use per table is $7.80 based on 6 square feet of vinyl, What is the quantity variance resulting from production run
What further information do you need about each company : What further information do you need about each company and its software before you can make a selection?
What entry does ramirez make under gaap : Ramirez Company has a held-for-collection investment in the 6%, 20-year bonds of Soto Company. What entry does Ramirez make in 2015 under GAAP
Calculate the asset turnover : During 2015 Paola Corporation reported net sales of $3,500,000 and net income of $1,500,000. Calculate the asset turnover
Explain the technical problem solving process : Describe the steps and 200-300 word rationale [each!] for resolving (including future risk mitigation) three (3) out of the following five (5) problems.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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