1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rewona [7]
3 years ago
7

Devon Company has collected the following data for one of its​ products: Direct materials standard​ (4 pounds​ @ $1/lb.) ​$4 per

unit Direct materials flexible budget variancelong dash—unfavorable ​$15,000 Actual direct materials used ​103,000 pounds Actual units produced ​22,000 units What is the direct materials efficiency​ variance?
Business
1 answer:
BabaBlast [244]3 years ago
4 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct materials standard​ (4 pounds​ @ $1/lb.) ​$4 per unit

Direct materials flexible budget variance—unfavorable ​$15,000

Actual direct materials used ​103,000 pounds

Actual units produced ​22,000 units

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (22,000*4 - 103,000)*1= $15,000 unfavorable

You might be interested in
Playful Pens, Inc., makes a single model of a pen. The cartridge for the pen (which contains the ink) is manufactured on one mac
Elan Coil [88]

Answer:

a) B. Machine 2

b) $220,000

b-2) Yes , positive differential profit.

c-1) $162,000

c-2) Yes , positive differential profit.

Explanation:

B) Differential revenues  = $10.40 x 200,000 = $2,080,000

Differential costs:

Variable cost on new production = $5.20 x 200,000 = $1,040,000

Fixed costs = $820,000

differential profit = $2,080,000 - $1,040,000 - $820,000 = $220,000

c) Differential revenues  = $10.40 x 100,000 = $1,040,000

Differential costs:

Variable cost increase on current production = ($4.62 - $4.10) x 800,000 = $416,000

Variable cost on new production = $4.62 x 100,000 = $462,000

differential profit = $1,040,000 - $878,000 = $162,000

5 0
3 years ago
Which of the following is the best example of amortization?
weeeeeb [17]
Answer is 30 yr mortgage
3 0
3 years ago
For 2020, Vaughn Manufacturing reports beginning of the year total assets of $904000, end of the year total assets of $1130000,
solmaris [256]
I think it’s 19.6%... I think
7 0
3 years ago
The Supreme Court reviews only about one percent of the cases submitted by petitioners for review.
Molodets [167]
The answer is true.
5 0
3 years ago
What are departments called that resemble separate businesses in that they produce and market their own products?
lord [1]

The departments called that resemble separate businesses in that they produce and market their own products are the Divisions. Furthermore, the head of each division may be a corporate vice president or if the organization is large enough, it is a divisional president.

4 0
3 years ago
Other questions:
  • A merchandiser has sales discounts forfeited of​ $600, cost of goods sold of​ $13,000, and other expenses of​ $4,100. The mercha
    13·1 answer
  • Identify the major transportation improvements in this period, and explain how they influenced the market economy.
    15·1 answer
  • Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
    12·2 answers
  • The amount of a good that must be given up to produce another good is the concept of:
    5·1 answer
  • On-Time Truckers prepares monthly financial statements. On July 1, the Supplies account had a balance of $3,500. During July, ad
    12·1 answer
  • The cost of raising capital through retained earnings is the cost of raising capital through issuing new common stock. The cost
    15·1 answer
  • Russ and Linda are married and file a joint tax return claiming their three children, ages 4, 7, and 18, as dependents. Their ad
    6·1 answer
  • 25. A firm that uses weighted average process costing has 400 units in Beginning Inventory that are 80% complete. During the per
    13·1 answer
  • A The following section is taken from Blossom's balance sheet at December 31, 2021.
    5·1 answer
  • Why would applying to as many scholarships as possible reduce your student debt?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!