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sergij07 [2.7K]
3 years ago
15

Perez, Inc. recently completed 40,000 units of a product that was expected to consume six pounds of direct material per finished

unit. The standard price of the direct material was $7.50 per pound. If the firm purchased and consumed 246,000 pounds in manufacturing (cost = $1,881,000), the direct-material quantity variance would be (with steps)
Business
1 answer:
Debora [2.8K]3 years ago
8 0

Answer:

$45,000 Unfavorable

Explanation:

The computation of direct-material quantity variance is shown below:-

Direct Material Quantity Variance = Standard Rate × (Actual Quantity - Standard Quantity Used for Actual Production)

= $7.50 × (246,000 - 40,000 × 6)

= $7.50 × (246,000 - 240,000)

= $7.50 × 6,000

= $45,000 Unfavorable

Therefore for computing the direct-material quantity variance we simply applied the above formula.

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abruzzese [7]

Answer:

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Explanation:

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The choice between consumer goods and capital goods involves the choice between the present and the future. If the society decides to produce more capital goods, some resources will have to be taken away from the production of consumer goods and. therefore, the production of consumer goods would have to be cut down. But greater amount of capital goods would make possible the production of larger quantities of consumer goods in the future. Thus, we see that some current consumption has to be sacrificed for the sake of more consumption in the future.

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ch4aika [34]

The Operations Section Chief directs all responses and tactical actions to achieve the incident objectives.

<h3>What is Operations Section Chief ?</h3>

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To know more about Operations Section Chief  follow the link:

brainly.com/question/25870256

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2 years ago
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Answer:

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