Answer:
Materials quantity variance = $1,750(U)
Explanation:
Standard quantity(SQ) = $2.5 * 6600 = 16500 Kg
Standard Price( SP) = $5  
Actual quantity(AQ) = 16,850 Kg  
Actual Price( AP) = $90,720 / 18,900 kg = $4.8
Materials quantity variance = SP * (SQ - AQ)  
Materials quantity variance = 5 * ( 16500 - 16,850 ) 
Materials quantity variance = 5 * (350)
Materials quantity variance = $1,750(U)
 
        
             
        
        
        
Answer:
Value of closing inventory = $25771.04
Explanation:
To calculate the value of ending inventory under a periodic average cost method, we will calculate the average price per unit of inventory at the end of the month. To calculate the average price per unit, we simply divide the total cost of the inventory by the total number of units for the month.
Average cost per unit = Total cost of all units for the month / Total units available for the month
<u />
<u>Total cost of all units:</u>
Beginning inventory (485 * 66)            32010
Purchase 1     (725 * 69)                        50025
Purchase 2     (364 * 71)                    <u>    25844</u>
Total                                                       107879
<u>Total Units</u>
Beginning Inventory     485
Purchase 1                     725
Purchase 2                    <u>364</u>
Total                              1574
Average cost per unit =   107879 / 1574
Average cost per unit = $68.54
Units of closing inventory = 1574 - 1198     =   376 units
Value of closing inventory =  376 * 68.54
Value of closing inventory = $25771.04
 
        
             
        
        
        
I really don’t know but mark me brainliest because I lost most of my points
        
             
        
        
        
Answer:
Standard fixed overhead rate 
= Budgeted fixed overhead cost
   Budgeted direct labour hours
= $45,000
   15,000 hours
= $3 per direct labour hour
Fixed overhead volume variance
= (Standard hours - Budgeted hours) x Standard fixed overhead rate
= (12,000 hours - 15,000  hours)  x $3
= $9,000(U)
The correct answer is B
Explanation:
In this case, we need to calculate standard fixed overhead rate, which is budgeted fixed overhead cost  divided by budgeted direct labour hours. Then, we will calculate fixed overhead volume variance, which is the difference between standard hours and budgeted hours multiplied by standard fixed overhead rate.