User Account

All Pages

What might have contributed to two variances for march

Assignment Help Managerial Accounting
Reference no: EM132515351

The Beam Company manufactures advertising banners using weather-resistant nylon whose standard price is $5 per yard. Each banner includes a standard quantity of 4 yards of nylon. During the month of March, Beam used 5,000 yards of nylon to produce 1,200 banners. That month, the company purchased 6,000 yards of nylon at a total cost of $29,200.

Question 1: Based on the standard quantity, how many yards of nylon should 3mm have used in March?

Question 2: Calculate the direct materials price variance for March.

Question 3: Calculate the direct materials quantity variance for March.

Question 4: What might have contributed to the two variances for March?

Reference no: EM132515351

Questions Cloud

Explain personality development : Social-cognitive theory has been both hailed and criticized for its diversified approach, which considers an array of actors beyond the environment.
What peculiarity is apparent from the scatter diagram : What peculiarity is apparent from the scatter diagram? What should the cost analyst do? Draw a scatter diagram and graph the company's energy cost
Most important aspect of programs designed : What, do you think, is the most important aspect of programs designed to prevent or intervene in gang growth? Need 2 sources!!
Finishing touches on a research paper : Over the weekend, your friend Mohammed decided to stay home and put the finishing touches on a research paper he's been working on for the last four weeks
What might have contributed to two variances for march : What might have contributed to the two variances for March? Based on the standard quantity, how many yards of nylon should 3mm have used in March?
Unique about approach to human services : Reflect on the experience in your degree program. What aspects of your learning are you most proud of and why?
Prepare adjusting journal entry to record bad debt expense : Accounts receivable are $382,600 at the end of the year, Prepare the adjusting journal entry to record bad debt expense for the year
How business will be impacted : Do you think that the current global pandemic will have serious effects in the world's economy ? How business will be impacted?
What amount of consolidated goodwill should be recognized : Blondel's accounts approximate their fair values within the company's financial statements. What amount of consolidated goodwill should be recognized

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