User Account

All Pages

What was the materials quantity variance

Assignment Help Accounting Basics
Reference no: EM131752560

Culinary Kitchen Supply produces bamboo cutting boards. The standard material cost for the bamboo used in each lamp is $18 per square foot. Each board requires 3 square feet of bamboo. In August, the company produced 1,200 cutting boards. There were 3,400 square feet of bamboo used during the month. The bamboo used had an actual cost $20 per square foot. What was the materials quantity variance in August for bamboo?

A. $4,000 favorable
B. $3,600 favorable
C. $3,600 unfavorable
D. $4,000 unfavorable

Reference no: EM131752560

Questions Cloud

The list of chemicals identified as carcinogens continues : The list of chemicals identified as carcinogens continues to grow.What, in your opinion, are the two best ways to protect yourself from exposure to carcinogens?
Prepare a production cost worksheet : Jordana Woolens is a manufacturer of wool cloth. Prepare a production cost worksheet using the weighted-average method
Perform the steps for sql coding and tuning efficiency : Perform the steps for SQL coding and tuning efficiency (focus on tying the query to the business need). Including what complexities, they possess.
What is the period that the government-paid interest runs : What is the period that the government-paid interest runs with respect to Luis's claim for a refund?
What was the materials quantity variance : What was the materials quantity variance in August for bamboo
Determine the budgeted manufacturing overhead rate : The Wood Furniture Company manufactures tables. Determine the budgeted manufacturing overhead rate for each department
Problem related to stated discount rate on loan : On April 31, 2016, Elkhorn Associates borrowed $10 million cash from Colonial Bank and issued a 5-month, noninterest-bearing note, priced to yield.
Journal entry to record the employers payroll liability : Prepare the general journal entry to record the employer's payroll liability
What is the most you should pay for this investment : Your investment advisor wants you to purchase an annuity that will pay you $25,000 per year for 10 years, what is the most you should pay for this investment

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