Question: When would an unfavorable materials usage variance occur? Multiple Choice When actual pounds of materials used was greater than the standard pounds allowed When actual

When would an unfavorable materials usage variance occur? Multiple Choice When actual pounds of materials used was greater than the standard pounds allowed When actual pounds of materials used were less than the standard pounds allowed. When actual labor hours used was greater than the standard labor hours allowed When less material is purchased than is used

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!

What are you first thoughts after receiving this call?

1 When would an unfavorable materials usage variance occur? Multiple Choice 0 0 : 5 9 : 2 8 When less material is purchased than is used. When actual pounds of materials used was greater than the...

7. Starr Company has a cash balance of $18,000 on April 1. The comcte to maintain a minimum cash balance of $24,000. During Apnunth receipts are $180,000. Expected cash disbursements during the is...

14idManufa overbadsts of $2oble budget at 3 with estimated overhead costs of overhead. Trepi total overhead costs at this level of activity? Company prepared a static budget of 40,000 direct labor...

84. Purchased land for cash. A) Financing activities section B) Investing activities section C) Operating activities section D) Does not represent a cash flow 05. The formula for determining budeeted...

An unfavorable materials quantity variance would occur if A) actual pounds of materials used were less than the standard pounds allowed. B) actual labor hours used were greater than the standard...

The standard amount of materials required to make one unit of Product Q is 6 pounds. Tusa's static budget showed a planned production of 4,300 units During the period, the company actually produced...

The standard amount of materials required to make one unit of Product Q is 9 pounds. Tusa's static budget showed a planned production of 5,600 units. During the period, the company actually produced...

The standard amount of materials required to make one unit of Product Q is 7 pounds. Tusa's static budget showed a planned production of 5,700 units. During the period, the company actually produced...

The standard amount of materials required to make one unit of Product Q is 5 pounds. Tusa's static budget showed a planned production of 5,000 units. During the period, the company actually produced...

In 2016, a severe weather storm destroyed your only asset you had in Class 8. In 2017, you replaced this asset by purchasing a new Class 8 asset. Compute the: i) Amended 2016 capital gain [ITA 44...

The following scores on the midterm exam in Chemistry 102 were recorded. (Round answer to a whole number) 93, 81, 59, 69, 82, 74, 61, 77, 95, 84, 88, 71, 86, 97, 63, 72, 89, 80, 60, 98, 91, 62, 78,...

Cul De acuerdo con la regla 2.8.1.6. de la RMF fraccin I cada cuando se debe enviar el catlogo de cuentas a la autoridad fiscal como parte de la contabilidad electrnica

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....