Question: 11 Current Attempt in Progress Crane Company planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually

Current Attempt in Progress Crane Company planned to use 1 yard of plastic per unit budgeted at $91 a yard. However, the plastic actually cost $90 per yard. The company actually made 4100 units, although it had planned to make only 3300 units. Total yards used for production were 4160. How much is the total materials variance? $4160 F O $7280 O $728000 O $1300

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Which of two widely prescribed drugsLipitor or Pravacholhelps lower bad cholesterol more? In an experiment, called the PROVE-IT Study, researchers recruited about 4000 people with heart disease as...

Managerial Accounting Question 2 of 8 - /1 E View Policies Current Attempt in Progress Sheridan Company planned to use 1 yard of plastic per unit budgeted at $96 a yard. However, the plastic actually...

Question 39 --/2 View Policies Current Attempt in Progress Vaughn Manufacturing planned to use 1 yard of plastic per unit budgeted at $101 a yard. However, the plastic actually cost $100 per yard....

Scorpion production company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had...

need help on both please Question 34 (1 point) Which of the following statements is true? All of the above are true. When actual costs exceed standard costs, the variance is favorable An unfavorable...

Answer all plz Fugate Company planned to use 1 yard of plastic per unit budgeted at exist81 a yard However, the plastic actually cost exist80 per yard. The company actually made 3, 900 units,...

Scorpion Production Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had...

Which of the following statements is true? O Variances are the differences between total actual costs and total standard costs. O When actual costs exceed standard costs, the variance is favorable. O...

Texas Production Company planned to use 1 yard of plastic per unit budgeted at $82 a yard. However, the plastic actually cost $80 per yard. The company actually made 3,900 units, although it had...

Fugate Company planned to use 1 yard of plastic per unit budgeted at exist81 a yard. However, the plastic actually cost exist80 per yard. The company actually made 3, 900 units, although it had...

Sunland Company planned to use 1 yard of plastic per unit budgeted at $81 a yard. However, the plastic actually cost $80 per yard. The company actually made 3600 units, although it had planned to...

Use the known values of the constants in Equation 37-11 to show that a0 is approximately 0.0529nm. r = n? n do 37-11 mkZe?

Headquartered in McLean, Virginia, Hilton Worldwide (and Marriott) on January 1, 2018, implemented a new policy that requires customers to notify the hotel the day before their scheduled arrival to...

Companies should generally use the same accounting principles for interim reports and annual reports. True False Attempts: 0 of 1 used

CT Corp Comprehensive Question Canadian Tire Corporation, Limited (Canadian Tire) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

3. From a consumers perspective, what useful parallels do you see between operating a car sales and service dealership, and operating health services?

1. Which of the seven elements of the services marketing mix are addressed in this case? Give examples of each P you identify.

4. What supplementary services are offered? How do they enhance service delivery?