User Account

All Pages

What the Sheridan Company materials quantity variance

Assignment Help Managerial Accounting
Reference no: EM133016371

Question - Sheridan Company has a materials price standard of $2.60 per kilogram. 4120 kilograms of materials were purchased at $2.30 a kilogram. The actual quantity of materials used was 3550 kilograms, although the standard quantity allowed for the output was 3490 kilograms. What the Sheridan Company's materials quantity variance?

a. $156 U.

b. $1047 F.

c. $156 F.

d. $1047 U.

Reference no: EM133016371

Questions Cloud

Potential health issues associated with autism : What are some of the barriers to health care for people with intellectual disability and What are the threats to health if a person has dysphagia?
State clearly the type of subsequent event : State clearly the type of subsequent event (Type I or Type II), if any, and the required impact on the financial statements
Find the finance charge due : The annual interest on the average daily balance is 20.5%. Find the finance charge due (in dollars) on the October 14 bill
Define the strategies, techniques and equipment : Discuss Palliative Care in terms of chronic health - Define the strategies, techniques and equipment listed below and explain their role in managing chronic
What the Sheridan Company materials quantity variance : The actual quantity of materials used was 3550 kilograms, What the Sheridan Company materials quantity variance
Discuss palliative care in terms of chronic health : Discuss Palliative Care in terms of chronic health and Define the strategies, techniques and equipment listed below and explain their role in managing chronic
What account and amount would we debit : The payment date for the cash dividend is June 30. What account and amount would we debit when we record the journal entry on the date of declaration
What is the correct way to interpret that : For example, the total revenues for Mcdonald's in 2020 is shown as $19,208. What is the correct way to interpret that
Discuss how any goodwill recognised by Tonic Ltd : Discuss how any goodwill recognised by Tonic Ltd from the business combination, should be subsequently measured

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the standard direct labor hourly rate

OMC Marine is trying to establish the standard labor cost of a typical water-cool pump repair. Determine the standard direct labor hourly rate

  At hartford manufacturing company production workers in the

at hartford manufacturing company production workers in the assembly department are paid on the basis of productivity.

  How much of the expense for print advertising should be

How much of the expense for print advertising should be allocated to Department A? Wadsworth Distribution Company has total advertising expenses of $84,000

  Find the cost of goods manufactured for july is

Find The cost of goods manufactured for July is? Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

  Draw logical inference based on the findings of the ratio

Interpret and compare the results of the ratios of both the years for both companies.Draw logical inference based on the findings of the ratio analysis

  The completion of units in process and their transfer

The completion of units in process and their transfer to finished goods.

  Compute the unit costs for materials costs

Compute the unit costs for materials costs. Compute the unit costs for conversion costs. Production costs chargeable to the Sanding Department in July

  Compute trend percents for the following accounts

Compute trend percents for the following accounts, using 2011 as the base year (round the percents to whole numbers).

  Determine the contribution margin in dollars

Determine the contribution margin in dollars, per unit, and as a ratio.In the month of June, New Day Spa served 520 clients at an average price

  Identify cost behavior as either variable fixed or mixed

Identify the cost behavior as either variable, fixed or mixed. Provide a brief (2 or 3 sentences) on the relationship of these costs.

  Chiapas corporation purchased 2000 shares of its 10 par

chiapas corporation purchased 2000 shares of its 10 par value general stock for 120000 on 1st august. it will hold

  Find what would be the inventory value

If the company is a profit maximizer and is ready to sell Product C, Find what would be the inventory value for those 10,000 units?

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