Product GX consists of a mix of three materials J, K and L. The standards material cost
Question:
Product GX consists of a mix of three materials J, K and L. The standards material cost of a unit of GX is as follows:
During March, 3,000 units of GX were produced and actual usage was:
What was the materials yield variance for March?
(a) $6,800 favourable
(b) $6,800 adverse
(c) $1,000 favourable
(d) $1,000 adverse
Transcribed Image Text:
Material J Material K Material L 5kg at $4 per kg 2kg at $12 per kg 3kg at $8 per kg ($) 20 24 24
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
To calculate the materials yield variance for March we need to compare the actual usage of materia...View the full answer
Answered By
Teresa ochieng
I have had several years of experience working as a tutor, both in person and online. I have worked with students of all ages and abilities, and have consistently received positive feedback from students and their parents.
As a tutor, I have honed my skills in breaking down complex concepts and explaining them in a way that is easily understood by my students. I am patient and understanding, and I am always willing to go the extra mile to help my students succeed.
I have a strong track record of helping my students improve their grades and test scores, and I have a passion for helping students reach their full potential. I have experience tutoring a wide range of subjects, including math, science, English, and history, and I am comfortable working with students at all levels.
Overall, I believe that my hands-on experience and proficiency as a tutor make me an excellent candidate for the SolutionInn Online Tutoring Platform. I am confident that I can provide valuable support and guidance to students who are looking to improve their academic performance.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Safe Soap Co makes environmentally-friendly soap using three basic ingredients. The standard cost card for one batch of soap for the month of September was as follows: The budget for production...
-
Campar Industries, Inc., was a multidivisional firm whose several divisions competed in different countries. This case deals with variance analysis problems in several of the divisions. ALPHA...
-
What are sources of conflict? Think of an organization you are familiar with such as a local restaurant or supermarket store (or other) and discuss the way it operates: 1. Identify how...
-
Consider a situation wherein an exploration vehicle that has a mass of 250 kilogram on Earth ( gravityEarth = 9.8 m/s ) is sent to the Moon and planet Mars to explore their surfaces. What is the mass...
-
What does the sign (positive/negative) of the income elasticity tell us about a good?
-
Many cancer cells generate ATP primarily by glycolysis, an anaerobic pathway, even when O2 is available (this phenomenon was first noted by Otto Warburg in 1924). Explain how a high flux of carbon...
-
Unless needed for screening purposes, why shouldn't demographic questions be asked up front in questionnaires?
-
The following transactions of Dunn Miles occurred during 2012: Apr 30 Miles is party to a patent infringement lawsuit of $230,000. Miless attorney is certain it is remote that Miles will lose this...
-
At the beginning of the year, Learer Company's manager estimated total direct labor cost to be $2,517,000. The manager also estimated the following overhead costs for the year. Indirect labor Rent on...
-
On December 1, Year 1, John and Patty Driver formed a corporation called Susquehanna Equipment Rentals. The new corporation was able to begin operations immediately by purchasing the assets and...
-
A company uses marginal costing. The following variances occurred in the last period when the actual net profit was $40,000. Materials ................................................... $900 adverse...
-
A companys operating costs are 60 per cent variable and 40 per cent fixed. Which of the following variances values would change if the company switched from standard marginal costing to standard...
-
Explain the fact that, although hemiacetal formation between methanol and cyclohexanone is thermodynamically disfavored, addition of methanol to cyclopropanone goes essentially to completion: HO ...
-
Calculate the area of the region bounded by the two curves \(y=x^{2}\) and \(y=4\) using the formula \(A=\oint_{C}-y d x\).
-
To estimate the concentration of particles in a certain suspension, a chemist withdraws \(3 \mathrm{~mL}\) of the suspension and counts 48 particles. Estimate the concentration in particles per...
-
What are the liability hazards of requiring all members of the medical staff to take ED duty?
-
(a) Define the term investment property and explain the two models permitted by IAS 40 for the measurement of investment property after its initial recognition. (b) How do these two models differ...
-
Entity E has the following assets and liabilities recorded in its balance sheet as at 31 December 2009: The values for tax purposes of property and for plant and equipment are EUR 14m and EUR 8m...
-
As a method for the preparation of alkenes, a weakness in the acid-catalyzed dehydration of alcohols is that the initially formed alkene (or mixture of alkenes) sometimes isomerizes under the...
-
DEPARTMENT DATA EMPLOYEE DATA EmployeeNumber FirstName Mary Rosalie Richard George Alan 3 4 5 7 8 9 855555ES 12 13 14 15 16 17 Create the database tables in SQL or ACCESS: 18 19 20 PROJECT DATA Ken...
-
Boots the Chemist incurs the following costs: a. Cost of redesigning blister packs to make drug containers more tamperproof. b. Cost of videos sent to doctors to promote sales of a new drug. c. Cost...
-
Six uses of feedback are described in the chapter: a. Changing goals. b. Searching for alternative means of operating. c. Changing methods for making decisions. d. Making predictions. e. Changing the...
-
A survey on ways organizations are changing their management accounting systems reported the following: a. Company A now reports a value-chain income statement for each of the brands it sells. b....
-
I need the output to match the one provided below while not changing the TestTreeADT.java and only changing the ArrayTree.java file. public class TestTreeADT { public static void main(String[] args)...
-
In the EV charging market, Chargepoint sells subscription software enabling bigger customers to manage charging vehicles themselves. This is an example of profit pyramid model O advertising model O...
-
A file has genealogy data for a collection of N people. The first line of the file contains the integer N followed by N additional lines of data. Each of these additional lines specifies a list of...
Study smarter with the SolutionInn App