The materials price variance is usually computed a. when materials are purchased. b. when materials are issued
Question:
The materials price variance is usually computed
a. when materials are purchased.
b. when materials are issued to production.
c. when goods are finished.
d. after suppliers are paid.
e. None of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (7 reviews)
The correct answer is a when materials are purchased The materials price variance is the difference ...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Business questions
-
Paul, the VP of Human Resources for Widget Company, is developing Widget's diversity management program. Which of the following activities would be considered an appropriate element of the diversity...
-
The materials price variance is computed based on the amount of materials purchased during the period. True or False
-
The materials price variance can be computed at what two different points in time? Which point is better? Why?
-
Mazlin Limited purchased a machine on account on April 2, 2015, at an invoice price of $360,000. On April 4, it paid $2,000 for delivery of the machine. A one-year, $4,000 insurance policy on the...
-
What are the tests for determining the difference between an employee and an independent contractor? Why is it important to distinguish between an employee and an independent contract?
-
Identify some common provisions of a term sheet. What information and incentive problems do these provisions anticipate, and how do they help to mitigate the problems?
-
Comparative figures from the statement of financial position for Warder Ltd are shown below. Required (a) Prepare common size statements for the company for both years, and comment on what this...
-
J. J. Technology Company, which operates a chain of 30 electronics supply stores, has just completed its fourth year of operations. The direct write-off method of recording bad debt expense has been...
-
You are the assistant manager of a small community clinic. It's a busy Monday morning, two of your staff called in sick: the clinic manager and a clerk. A Centers for Medicare and Medicaid Services...
-
In cell K3, enter a formula using the COUNTIF function that counts the number of Expansion projects, checking that the column of project types in the Projects table (Projects[Project Type]) is equal...
-
Responsibility for the materials price variance typically belongs to a. production. b. marketing. c. purchasing. d. personnel. e. the chief executive officer (CEO).
-
Responsibility for the materials usage variance is usually assigned to a. production. b. marketing. c. purchasing. d. personnel. e. the CEO.
-
Use the graph of y = f(x) to identify (A) The local extrema of f(x). (B) The inflection points of f(x). (C) The numbers u for which f(u) is a local extremum of f(x). fx) Figure for 11
-
Determine if the vectors a = [-1,5,3], b= [-2,4,7], and = [10,7,1] are coplanar.
-
Find the (local) maxima and minima of the following functions. (a) o (x, y) = (x - 2) + (y-4); (b) o (x, y) =6x 2xy 3y 3x + 4y; - - (c) o(x, y) = x+ x-3xy+3y; (d) T (K, L)= K0.2L0.3 - 2K - L
-
Persons can be held criminally liable for reporting suspected child maltreatment only if they are? Making a report that cannot be substantiated. Making a report about something that happened more...
-
For a microprocessor-based control system, 16Kbyte ROM and 4Kbyte RAM are needed. ROM and RAMs are required to be placed in the regions given below in the system memory map. 2764 IC will be used as...
-
.How many address lines are necessary to address (i) Two kilobytes (1024 x 2 = 2048 bytes), (ii) Four kilobytes (1024 x 4= 4096 bytes), and (iii) Eight kilobytes (1024 x 8 = 8192 bytes) of memories?
-
What is the role of the origin of transfer during F+ - and Hfr- mediated conjugation? What is the significance of the direction of transfer in Hfr-mediated conjugation?
-
Activator rod AB exerts on crank BCD a force P directed along line AB. Knowing that P must have a 100-N component perpendicular to arm BC of the crank, determine (a) The magnitude of the force P, (b)...
-
Jan Franks is the manager of one location of the Save Some Inc. chain. Franks location is currently earning an ROI of 15 percent on existing average capital of $800,000. The minimum required return...
-
Sandra Olson manages a restaurant that is part of the Eatwell Chain of restaurants popular in the Southwest. Eatwell has recently adopted a balanced scorecard for the entire company. As a result, the...
-
Sandra Olson manages a restaurant that is part of the Eatwell Chain of restaurants popular in the Southwest. Eatwell has recently adopted a balanced scorecard for the entire company. As a result, the...
-
A useful quantitative model for the grinding of lenses with known focal lengths is the lens-makers' equation: nlens environment 1) (1/4-1/2), where f is the focal length of the lens, the two index of...
-
A student throws a set of keys vertically upward to her sorority sister, who is in a window 3.20 m above. The second student catches the keys 2.80 s later. (a) with what initial velocity were the...
-
Accelerating uniformly to overtake a slow-moving truck, a car moving initially at 24.4 m/s covers 67.2 m in 2.48 s. (a) What is the final speed of the car? m/s (b) What is the magnitude of the car's...
Study smarter with the SolutionInn App