subject
Business, 21.01.2022 23:50 TravisI00

Kality food complex has three types of direct material input and standards to produce 9 pounds of out put (sausage): 5 pounds of meat A at actual cost of $0.70/pound=$3.50
3 pounds of meat B at actual cost of $1.00/pound=$3.00
2 pounds of meat C at actual cost of $0.80/pound=$1.60
Suppose that no inventories of direct materials are kept. Purchases are made as needed. Actual results show that atotal of 100000 pounds of meat were used during the month as june as follows:
46000 pounds of meat A at actual cost of $ 0.80/ pound =$ 36800
40000 pounds of meat B at actual cost of $ 1.05/ pound =$ 42000
14000 pounds of meat C at actual cost of $ 0.85/ pound =$ 11900
Required: calculate
a) the budget quantity of direct material inputs for each type of meat
b)the direct material variance
c) direct material price variance
d) direct material efficiency variances

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 18:30, steloiryancy
Which of the following is located at the point where the supply and demand curves intersect? a. the equilibrium price. b. the minimum supply. c. the level of efficient production. d. the maximum demand. 2b2t
Answers: 1
image
Business, 21.06.2019 21:00, taytaycola223
After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company's mission statement and decides that the company should move forward in exploring the pod coffee idea. in order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. your boss asks you to start working on the pod coffee idea. what is your first stepa. your first step is to formulate a strategy for how to market the pod coffee concept. b. your first step is to consult with your boss and find out what he thinks about the pod coffee idea. c. your first step is to do some research to find out what your competitors are doing. d. your first step is to analyze the organization's strengths, weaknesses, opportunities, and threats.
Answers: 2
image
Business, 22.06.2019 19:30, smokey19
The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.
Answers: 1
image
Business, 22.06.2019 20:00, princesincer9256
The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:
Answers: 2
You know the right answer?
Kality food complex has three types of direct material input and standards to produce 9 pounds of ou...

Questions in other subjects:

Konu
Physics, 27.01.2020 18:31