Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50
Question:
Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. If 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon, what is the direct materials
(a) Price variance
(b) Quantity variance
(c) Cost variance
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
a Direct materials price 7950 2375 2450 10600 gal variance ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
Question Posted:
Students also viewed these Business questions
-
Giovanni Company produces a product that requires four standard gallons per unit. The standard price is $ 34.00 per gallon. If 3,500 units required 14,400 gallons, which were purchased at $ 33.25 per...
-
Young Company produces a product that requires five standard pounds per unit. The standard price is $0.90 per pound. If 500 units required 2,350 pounds, which were purchased at $1.10 per pound, what...
-
Brewster Company produces a product that requires four standard pounds per unit. The standard price is $6.80 per pound. If 1,500 units required 6,400 pounds, which were purchased at $6.50 per pound,...
-
Raul recently started a real estate company with a unique way of presenting a menu of services, each with a fixed price, rather than usi grown to 21 brokers, and he has plans to expand his model...
-
The following situations involve the application of the time value of money concept: 1. Janelle Carter deposited $9,750 in the bank on January 1, 2000, at an interest rate of 12% compounded annually....
-
A ball is thrown straight up into the air. Ignore air resistance. While the ball is in the air, its acceleration (a) Increases.is zero. (b) Remains constant. (c) Decreases on the way up and increases...
-
Consider the network of heat exchangers in Figure 11.60: (a) Determine \(N_{H X, \text { min }}\). (b) Identify the heat loop. (c) Show one way to break the heat loop using \(\Delta T_{\min...
-
Three individuals are considering forming a partnership to operate a metal fabricating shop. It is anticipated that significant contributions of capital will be necessary during the first 18 months...
-
Explain how Organizational Behaviour theories and practices deal with the subject of stereotyping in an organizational setting.
-
As shown in Fig.P1.46, an inclined manometer is used to measure the pressure of the gas within the reservoir. (a) Using data on the figure, determine the gas pressure, in lbf/in.2 (b) Express the...
-
Heart Dress Co. manufactures dresses in a small manufacturing facility. Manufacturing has 20 employees. Each employee presently provides 35 hours of productive labor per week. Information about a...
-
Natural Fragrance, Inc., began operations on January 1, 2012. The company produces a hand and body lotion in an eight-ounce bottle called Eternal Beauty. The lotion is sold wholesale in 12-bottle...
-
If the European Central Bank decides to contract the money supply in order to fight inflation, what will happen to the value of the Canadian dollar?
-
Name three alternative types of email marketing that can be used for customer acquisition.
-
What is meant by customer profiling?
-
How does the Internet impact an organisations options for core and extended (augmented) product?
-
Explain the value of social media marketing.
-
Explain the reasons why the Internet could be expected to decrease prices online.
-
Sasha is employed as the Winstons babysitter when they must occasionally stay over in town because of their jobs. Sasha is becoming increasingly discontented with her wages, which are below minimum...
-
True & False The basis of an asset must be reduced by the depreciation allowable, 2. Adjusted gross income (AGI) is the basis for a number of phase-outs of deductions. 3. A change to adjusted gross...
-
Which best describes the concept of flow-through in the hotel industry? a. A measure of the ability of a hotel to convert increased revenue dollars to increased gross operating profit dollars b. The...
-
What is subtracted from the numerator when calculating Net ADR Yield? a. Reservation generation fees b. Average cost per occupied room (CPOR) c. ADR d. The hotels yield percentage
-
Which is the formula used to calculate flow-through? a. (GOP This period GOP Last period) / (Total Revenue This Period Total Revenue Last Period) b. (GOP This period + GOP Last period) / (Total...
-
How can you use your understanding of diversity to develop your relationship-building skills in your healthcare career?,Explain ways in which religion can help or hinder individuals as they build...
-
A Quality Management System, often called a QMS, is a set of internal rules that are defined by a collection of policies, processes, documented procedures, and records. This system defines how a...
-
1. Mr. Alvis, the director of Match Lighting, has found himself with sorts of emails including customer complaints about incorrect order deliveries, periodic reports on products, stock, and sales,...
Study smarter with the SolutionInn App