Question: The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12,200 gallons of direct materials that actually cost $46,200 were

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12,200 gallons of direct materials that actually cost $46,200 were used to produce 6,000 units of product.

What were the direct materials quantity variance for last month?

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!

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...

44. The standard amber of hours that should have been worked for the output attained is 6.000 direct labor hours and the actual number of direct labor hours worked was 6,300. Ir the direct labor...

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...

Question 1. 1. The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 5,600 gallons of direct materials that actually cost $21,200 were used to produce 3,000 units of...

The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11,200 gallons of direct materials that actually cost $42,400 were used to produce 6,000 units of product. The...

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 standard number of hours that should have been worked for the output attained is 10000 direct labor hours and the actual number of direct labor hours worked was 10300. If the direct labor price...

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...

Sheridan Company planned to use 1 yard of material per unit budgeted at $75 a yard. However, the material actually cost $74 per yard. The company actually made 4400 units, although it had planned to...

A 670-kg meteorite happens to be composed of aluminum. When it is far from the Earth, its temperature is -15C and it moves with a speed of 14.0 km/s relative to the Earth. As it crashes into the...

Answer the following questions. 1. If interest expense relates to six months of interest expense on a 10% note payable, what is the amount of the note payable? 2. What was the adjusting journal entry...

Suppose the sales of a new model of notebook computer are approximated by the function S ( x ) = sqr root 4 0 0 0 0 - 1 0 0 0 0 e ^ - x / 1 0 , where x represents the number of months the computer...

the purse was identical to a Gucci it was not manufactured by Gucci. This was probably an example of: Multuple Choice " me - too" marketing. llcensing. product counterfelting. brand imitation.

=+Should the medias powers be restricted during wartime? Have embedded journalists helped the reporting of war or just upped the entertainment level closer to Hollywood special-effects levels?

=+what you know of CNBC, did they perform well or badly in terms of reporting before, during, and after the 20072009 financial crisis?

=+3. What do you imagine the day-to-day work of an ECO entails? Do you think it is viewed as a position of importance within companies today? Why, or why not?