The Pore Company set standards for the production of its products such that each unit should...
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The Pore Company set standards for the production of its products such that each unit should have 2 pounds of direct materials purchased at $12 per pound. If actual production volume was 6,000 units which used 11,000 pounds of direct materials at a total cost of $94,300, what was the direct materials quantity variance? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance. The Motto Company purchased equipment for $5,100 on March 1, 2019 and expects it to be useful for 5 years at which time it can be sold for $900. What total amount of depreciation expense would the company record in its calendar year-end financial statements for 2020? As needed, round your final answer to the nearest whole dollar. The Pore Company set standards for the production of its products such that each unit should have 2 pounds of direct materials purchased at $12 per pound. If actual production volume was 6,000 units which used 11,000 pounds of direct materials at a total cost of $94,300, what was the direct materials quantity variance? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance. The Motto Company purchased equipment for $5,100 on March 1, 2019 and expects it to be useful for 5 years at which time it can be sold for $900. What total amount of depreciation expense would the company record in its calendar year-end financial statements for 2020? As needed, round your final answer to the nearest whole dollar.
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Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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