User Account

All Pages

What was the actual quantity of materials used

Assignment Help Accounting Basics
Reference no: EM133093133

Question - During September, 40,000 units of a product were produced. The standard quantity of materials allowed per unit was 5 pounds at a standard price of $2.50 per pound. If there was a favorable quantity (usage) variance of $25,000 for September, what was the actual quantity of materials used?

Reference no: EM133093133

Questions Cloud

Record all journal entries on the transaction : Choy Co. of New York purchased rice from China for 100,000 renminbi (r) on Nov. 1, 2015. Record all journal entries on the transaction, balance sheet
Training phase of system implementation : You will work on the user training phase of the system implementation. Verify that the system works as expected in a live environment.
Discourage foreign investment in particular situation : You have been asked to advise the president of a medium sized Canadian printing company about future developments in the industry.
Discourage foreign investment : You have been asked to advise the president of a medium sized Canadian printing company about future developments in the industry. Your industry, which is matur
What was the actual quantity of materials used : If there was a favorable quantity (usage) variance of $25,000 for September, what was the actual quantity of materials used
Celebrate what is right with word : Celebrate What's Right with the Word" on vision and imagining the possibilities. What is this leader's vision for the future?
Should you write this check today and record the expense : You know that by preparing the closing entries tomorrow, Should you write this check today and record the expense or write the check tomorrow
Explain concepts of capitalism and socialism : Explain the concepts of capitalism and socialism. Compare and contrast capitalism and socialism with supporting definitions, explanations, and examples.
What is the initial market value of the unlevered equity : Suppose that to raise the funds for the initial investment, the project is sold to investors as an all-equity firm. What is the initial market value

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the inventory balance using dollar-value LIFO

Opera Corp. uses the dollar-value LIFO method of computing its inventory cost. What is the 20X0 inventory balance using dollar-value LIFO

  Calculate the the dividend yield ratio

Information concerning the common stock of Morris Company as of the end of the company's fiscal year. The dividend yield ratio is closest to

  Calculate the amount either debited or credited to earnings

Baltimore Corporation authorized a 15% stock dividend when the market value was $10 per share. Calculate the amount either debited or credited to earnings

  Moore co reported a retained earnings balance of 400000 at

moore co. reported a retained earnings balance of 400000 at dec. 31st of the previous year. in august of the current

  What is the value of the ending inventory of product A

Webster Company produces 36,000 units of product A, 28,000 units of product B, What is the value of the ending inventory of product A

  How do research on emerging technologies in auditing

How do Research on emerging technologies in auditing profession and identify how it would benefit the profession. You should also discuss the challenges faced

  Calculate the annual end-of-year loan payment

The loan is amortized into five (5) equal, annual, end-of-year payments. Calculate the annual end-of-year loan payment

  Prepare the journal entries to record the sale on january

Prepare the journal entries (if any) to record the sale on January.

  Liability for stamp redemptions

If all the stamps sold in 2007 were presented for redemptionin 2008, the redemption cost would be $5,200,000. What amount should Hairston report as a liability for stamp redemptions at December 31, 2007?

  Calculate the cost per coffee table for Job

Find out What is the total manufacturing cost for Job No. X10 also Calculate the cost per coffee table for Job No. X10

  Determine the correct inventory amount at December

The physical count of the inventory did not include goods that cost $98,000 that were shipped to Blossom, Determine the correct inventory amount at December

  What is the usual tax treatment for a passive activity loss

What is the usual tax treatment for a Passive Activity Loss.

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