Question: PLEASE SHOW ME HOW TO SOLVE THIS PROBLEM. The per-unit standards for direct materials are 1.5 gallons at $2.50 per gallon. Last month, 4,180 gallons

PLEASE SHOW ME HOW TO SOLVE THIS PROBLEM.

The per-unit standards for direct materials are 1.5 gallons at $2.50 per gallon. Last month, 4,180 gallons of direct materials that actually cost $10,659 were used to produce 3,000 units of product. How much is the direct materials standard?

a. $4,500

b. $11,250

c. $3.75

d. Not enough information

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!

The per-unit standards for direct materials are 2 gallons at $ per gallon. Last month, 13400 gallons of direct materials that actually cost $49580 were used to produce 7800 units of product. The...

- This is strictly a solo experience! No phone a friend, ask your neighbor, committee work, body doubles, or social media crowd sourcing is permitted. - No text book or alternate-device online...

Multiple Choice Question 86 The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 9800 gallons of direct materials that actually cost $36260 were used to produce...

Multiple Choice Question 84 A total materials variance is analyzed in terms of Oquantity and quality variances. O tight and loose variances. O price and quantity variances. buy and sell variances...

I need the attached questions answered in 30 mins or less ASAP 1.) Vega Company reported the following operating data for its shoe division for the year: Sales Contribution margin Controllable fixed...

Grouper Company's labor data for making one pound of finished product are as follows: (1) Price-hourly wage rate $11.70, payroll taxes $2.50, and employee benefits $1.90. (2) Quantity-actual...

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12300 gallons of direct materials that actually cost $36900 were used to produce 7000 units of product. The...

Both answers please, thanks!! Question 15 of 30 -/2 = 1 View Policies Current Attempt in Progress Bramble Corp, planned to use 1 yard of material per unit budgeted at $77 a yard. However, the...

What five types of transactions involving notes payable do businesses generally encounter?

How do we end up with salvage value if the item is depreciated the cost of the item either over a period of years or all in one year? How does salvage value work?

Use the Internet to determine todays exchange rate between the U.S. dollar and the EU euro. How does this rate differ from the rate shown in Table 10.2? Can you explain why? Discuss.

if the parties agree to conduct transactions by paper documents. Any of the choices. verbal communication. electronic means.

Summarize the economic impact of safety.

Describe what is involved in reaching, ratifying, and administering the labormanagement agreement.

Summarize the prevalence of unions.