Question: I need help figuring out the first two requirements for one problem! The requirements below all represent one problem. Please help... E11-19A (similar to) Question
E11-19A (similar to) Question Help Collegiate Rings produces class rings its best-selling model has a direct materials standard of 13 grams of a special alloy per ring This special alloy has a standard cost of $64 80 per gram. In the past month, the company purchased 13,700 grams of this alloy at a total cost of $882,280. A total of 13,300 grams were used last month to produce 1,000 rings. Read the requirements Requirement 1. What is the actual cost per gram of the special alloy that Collegiate Rings purchased last month? (Round your answer to the nearest cent) tap The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $ Dui y) irst Requirements DO atr 1. What is the actual cost per gram of the special alloy that Collegiate Rings purchased last month? 2. What is the direct material price variance? 3. What is the direct material quantity variance? 4. How might the direct material price variance for the company last month be causing the direct material quantity variance? grap ufo ry). Print Done] nin cence ach p Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Check Answer prod
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