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ohaa [14]
3 years ago
12

Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity 2.5

kilos per unit Standard price $5 per kilo The company produced 6,600 units in November using 16,850 kilos of the material. During the month, the company purchased 18,900 kilos of the direct material at a total cost of $90,720. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for November is:
Business
1 answer:
nydimaria [60]3 years ago
7 0

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)

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3 years ago
What will happen to return on investment (ROI) if current assets decrease while everything else remains the same (assume the cur
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5 0
3 years ago
You view tea and scones as perfect complements, and you prefer to consumer one cup of tea with one scone. Also, your indifferenc
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Answer:

Infinity

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8 0
2 years ago
You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with
victus00 [196]

Answer:

The probability of you making it home for the holidays is:

= 45%.

Explanation:

a) Data and Calculations:

Probability of Scareways flights being canceled = 38%

Probability of successfully traveling with Scareways = 62% (100 - 38%)

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3 0
3 years ago
Two car rental companies have different rental plans. Sand's Car Rental charges $50 a day and 10 cents every mile traveled. Beac
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The equation that solves the problem above is:
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4 0
3 years ago
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