Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment...

 

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Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance Multiple Choice $61,516 favorable. Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is: $77,380 favorable. $60,383 favorable. $112,741 favorable. 5,300 47,700 pounds 4,300 $47,616 favorable. 48, 180 pounds 42,000 pounds $208,320 $ 24,090 unfavorable X Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance Multiple Choice $61,516 favorable. Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is: $77,380 favorable. $60,383 favorable. $112,741 favorable. 5,300 47,700 pounds 4,300 $47,616 favorable. 48, 180 pounds 42,000 pounds $208,320 $ 24,090 unfavorable X

Answer rating: 100% (QA)

Budgeted quantity of PPS needed 5300 units x 47700 pounds per unit 251010 pounds Act... View the full answer