The following data relate to direct materials costs for November: Actual costs 4,600 pounds at $5.50 Standard
Question:
Actual costs 4,600 pounds at $5.50
Standard costs 4,500 pounds at $6.00
What is the direct materials quantity variance?
a. $550 unfavorable
b. $600 favorable
c. $550 favorable
d. $600 unfavorable
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
b 600 unfavorable Material quantity variance is the d...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Question Posted:
Students also viewed these Managerial Accounting questions
-
The following data relate to direct labor costs for the current period Standard costs ..........36,000 hours at $22.50 Actual Costs ..........35,000 hours at $23.00 What is the direct labor rate...
-
The following data relate to the Plant Assets account of Faith Hill, Inc. at December 31, 2008. The following transactions occurred during 2009. (a) On May 5, Asset A was sold for $13,000 cash. The...
-
The following data relate to Voltaire Company's defined benefit pension plan: Required: Determine the amount of pension plan assets at fair value on December31. Plan assets at fair value, Jary 1...
-
Estimates have been presented to Holly Farms, which is considering two environmental chambers for a project that will detail laboratory confirmations of on-line bacteria tests in chicken meat for the...
-
A quantity of 0.020 mole of a gas initially at 0.050 L and 20C undergoes a constant-temperature expansion until its volume is 0.50 L. Calculate the work done (in joules) by the gas if it expands (a)...
-
Refer to Fig. 2.86, where AB is a diameter, TB is a tangent line at B, and ABC = 65. Determine the indicated angles. CAB Fig. 2.86 A 0 B T
-
The following is the adjusted trial balance of Flappy Health, Inc., for August 31,2010. Requirement 1. Journalize the closing entries at August 31. Happy Health, Inc. Adjusted Trial Balance August...
-
The comparative balance sheet of Whitman Co. at December 31, 2016 and 2015, is as follows: The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 2016 are as follows: Dec....
-
Discuss what is meant by break even analysis. Describe real life situations that relate to beak even analysis.
-
Using SET operations, display a list of customers that are interested in a car (prospect table) of the different make and model which they already own. Allow for white space and case differences. SI...
-
Variable costing fell out of favor in management circles because: a) It lead to devastating price wars b) It lead to government intervention c) It was replaced by the balanced scorecard d) None of...
-
In Moyer Company, the Cutting Department had beginning work in process of 6,000 units, transferred out 14,000 units, and had an ending work in process of 3,000 units. How many units were started by...
-
Tri-State Bank and Trust is considering giving Wilfred Company a loan. Before doing so, management decides that further discussions with Wilfreds accountant may be desirable. One area of particular...
-
A sheet of steel must be 0.6 inches thick with a tolerance of 0.05 inches. Write this specification as an absolute value inequality using x to represent the thickness of the sheet.
-
The quadratic equation x(x-4)+ 2n=m where m and n are constants, has two real and equal roots. Express m in terms of n.
-
The following information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses Cost of goods sold $ 51,775 expense $ 86,300 Depreciation 7,600 Salaries expense 10,300...
-
A box contains 24 different colored chips that are identical in size. Six are black, 4 are red, 5 are white, and 9 are yellow. If five chips are randomly chosen, without replacement, what is the...
-
If the polynomial g^(3)+4g^(2)-5 represents the area of the base of the silo, and the polynomial g^(2)-g-2 represents the height of the silo, what is the silo's approximate volume?
-
Which method call can be inserted at both (1) and (2), so that the following code will still compile? Select the one correct answer. (a) printSlogan(); (b) co.printSlogan(); (c) sl.printSlogan(); (d)...
-
Banner Company acquires an 80% interest in Roller Company for $640,000 cash on January 1, 2013. The NCI has a fair value of $160,000. Any excess of cost over book value is attributed to goodwill. To...
-
Financial closeout, which is often part of following the Scope Verification Process, is used to: A. Close out all charge numbers B. Close out all charge numbers for the work performed and completed...
-
Life, Inc., experienced the following events in 2016, its first year of operation: 1. Performed counseling services for $36,000 cash. 2. On February 1, 2016, paid $18,000 cash to rent office space...
-
On April 1, 2016, Maine Corporation paid $18,000 cash in advance for a one-year lease on an office building. Assume that Maine records the prepaid rent as an asset and that the books are closed on...
-
Yard Designs (YD) experienced the following events in 2016, its first year of operation: 1. On October 1, 2016, YD collected $54,000 for consulting services it agreed to provide during the coming...
-
Jane Harper was 50 years old when one morning she slipped and fell down a flight of stairs leading from her apartment to the parking lot. The ice and snow had accumulated on the stairs and other...
-
During a domestic quarrel a wife continually taunted her husband by degrading him and telling him he was a "lousy lover" and that she wanted to be rid of him. When the husband tried to persuade her...
-
Mr. Andrews (age 75) taught poetry in the Cook County school district. He is recently widowed, his wife having passed away a year ago after a lengthy illness; she had breast cancer for the last five...
Study smarter with the SolutionInn App