Reference no: EM133019099
Question - Roncy Manufacturing uses enhanced powder plastics (EPP) to manufacture a high-pressure board, Dura-Plastic. Information concerning its operation in June was as follows:
Master Budget units of Dura-Plastic to manufacture 8,000
Units of Dura-Plastic manufactured in July 9,000
Budgeted amount of EPP to purchase 70,000 oz.
EPP material purchased 76,000 oz.
EPP material used in production 72,000 oz.
Standard cost of EPP used in production $478,800
Standard quantity of EPP per unit of Dura-Plastic 7.5 oz.
Cost of EPP purchased $574,560
What the direct materials usage (efficiency) variance for June?
|
Discuss the otto loewi experiment
: Discuss the Otto Loewi experiment from the 1920's. What was he able to demonstrate with this experiment? What did he initially call the substance
|
|
Prepare a production budget for the bath and gym scales
: The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 1,800 and 2,900 units, Prepare a production budget
|
|
What the number of contracts to short for three-month hedge
: The duration of the cheapest-to-deliver bond in 3 months is 9.2 years. What the number of contracts to short for a 3-month hedge
|
|
Prepare a schedule of cost of goods sold
: The account titles and balances were drawn from Tippah's records for Year 2: beginning balance in inventory, $25,200; Prepare a schedule of cost of goods sold
|
|
What the direct materials usage variance for june
: Master Budget units of Dura-Plastic to manufacture 8,000. EPP material purchased 76,000 oz. What the direct materials usage variance for June
|
|
What is the book value of pp-e
: What is the book value of PP&E that was sold in fiscal year ending 2018, assuming no impairment and a $400 million non-cash purchase of PP&E in fiscal 2018
|
|
Discuss the impact of the global financial crisis
: Discuss the impact of the global financial crisis and recent corporate collapses on corporate governance practices
|
|
Calculate operating cash flow
: Calculate operating cash flow if a firm has sales of $1,000,000, depreciation of $220,000 operating profit (EBIT) of $280,000, interest expense of $50,000
|
|
What is the relationship between materiality and audit risk
: Define materiality and provide appropriate examples in your description. What is the relationship between materiality and audit risk
|