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
Zepler [3.9K]
2 years ago
10

Cavern Company's output for the current period results in a $5,250 unfavorable direct material price variance. The actual price

per pound is $56.50 and the standard price per pound is $55.00. How many pounds of material are used in the current period?
Business
1 answer:
lisov135 [29]2 years ago
4 0

Answer:

3,500 pounds

Explanation:

By applying the below formula we get:

AQ(AP-SP)

USD 5,250 (unfavorable price variance )

USD 5,250/(AP - SP) = AQ

So,

USD 5,250/(USD 56.50 - USD 55.00)

= 3,500

You might be interested in
What do investors use the income statements of organizations for?
Ivenika [448]

Answer:

Investors use income statements to determine the profitability of a company over time. ... This is the amount that a company would pay shareholders, per share, if the company paid out all of its net income as dividends.

Explanation:

5 0
3 years ago
XYZ Corporation uses the FIFO method in its process costing system. The Assembly Department started the month with 1,000 units i
Georgia [21]

Answer: 61,200 units

Explanation:

Using the FIFO method:

= Equivalent units for beginning WIP + Units started and finished + EUP Ending WIP

Units started and finished = 65,000 additional units - 10,000 closing WIP

= 55,000 units

80% of the beginning WIP had been completed in the previous month so only 20% remains.

EUP Conversion = (1,000 * 20%) + 55,000 + (10,000 * 60%)

= 61,200 units

5 0
2 years ago
Can someone tell me if it’s correct, and which one is wrong
Nat2105 [25]

Answer:

Yes,they are correct.

Explanation:

5 0
3 years ago
Read 2 more answers
Belltone Company made the following expenditures related to its 10-year-old manufacturing facility:
solong [7]

Answer:

Acc dep - manufacturing facility  205,000 debit

                           Cash                                205,000 credit

--to record cost heating system--

Wing              780,000 debit

        Cash                  780,000 credit

--to reocrd addition of a new wing--

maintenance expense 15,500 debit

                           cash              15,500 credit

--to record maintenance expense for the period

Assembly line 42,000 debit

               Cash              42,000 credit

--to record new assembly line--

Explanation:

1.- the improvements will decrease the accumulated depreciation

2.- The wing will be considered a new asset and depreciate separately

3.- the maintenance cost is cost of the period as it do not upgrade or change the productivity is a cost to maintain the current level.

4.- the assembly line will be reocgnize as an asset as increase the productive capaictive of the plant

5 0
3 years ago
In the event of a "stockout" one of the things that could happen is __________________________________. a. the vendor's plant sh
-BARSIC- [3]

Answer:

d. extra shipping cost may be incurred.

Explanation:

Stockout means that a production company has no inventories to produce goods, which is a bad thing that can happen to a company. It means that production has stopped and customers cannot be supplied with order they have made.

There are several effects of stock out on a business, one of which is extra shipping cost may be incurred. A customer that is not ready to wait for his or her order to be met may have the item backorder expecially If the order was part of a larger delivery, then there would be backorder which will require special transportation.

Customers may also cancel his or her order and such customer is lost forever. This customer may also inform other customers thereby spreading bad news about the company which may reduce further sales of the company in the future.

When a company losses a customer as a result of stock out, or is no longer placing an order, a cost(cost of finding a customer a customer to replace the order which would have been purchased) is associated with that which will be borne by the vendor or the company.

7 0
2 years ago
Other questions:
  • Krumple Inc. produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.7 ounces of aluminum per can.
    7·1 answer
  • A(n) _____ describes your core values and highest career goals.
    6·2 answers
  • Which of the following is the management and regulation or resources?
    12·2 answers
  • Carryon Company sells a product and a 12-month service package for that for a combined price of $800. Separately, the product an
    9·1 answer
  • Smithson, Inc. produces two types of gas grills: a family model and a deluxe model. Smithson’s controller has decided to use a p
    7·1 answer
  • A sole proprietorship:
    12·1 answer
  • If you visited a doctor and the total cost of the visit was $50, but you had a $15
    14·1 answer
  • Name any three (3) tests that Hornbill Holdings can use to assess the graduates
    14·1 answer
  • What does it mean to investors when a bond reaches full maturity?
    5·1 answer
  • An economy has a monetary base of 1,000 $1 bills. calculate the money supply in scenarios a - d. then answer part e.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!