subject
Business, 19.11.2019 03:31 notchasedeibel6575

Leonesio corporation makes a product that uses a material with the following standards: standard quantity8.2 (kilos per unit) standard price$4.00 per kilo standard cost$32.80 per unit the company budgeted for the production of 3,100 units in august, but the actual production was 3,200 units. the company used 27,600 kilos of direct material to produce this output. the company purchased 29,000 kilos of the direct material at a total cost of $118,900. the direct materials purchase variance is computed when the materials are purchased. the materials price variance for august is: a. $2,900 u b. $2,624 u c. $2,900 f d. $2,624 f

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, ariannapenny98
Which of the following is not a personality trait? sincerity word processing punctuality laziness
Answers: 1
image
Business, 22.06.2019 00:00, billey32
Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e. g. 1.48.)
Answers: 2
image
Business, 22.06.2019 02:30, llama1314
Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next
Answers: 2
image
Business, 22.06.2019 14:10, gia2038
Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?
Answers: 1
You know the right answer?
Leonesio corporation makes a product that uses a material with the following standards: standard qu...

Questions in other subjects:

Konu
Mathematics, 06.11.2020 23:40
Konu
Mathematics, 06.11.2020 23:40
Konu
Mathematics, 06.11.2020 23:40