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PolarNik [594]
3 years ago
15

The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed wh

en the materials are purchased. The materials quantity variance for October is: _________
a. $1,798 U
b. $1,798 F
c. $1,740 F
d. $1,740 U
Business
1 answer:
Genrish500 [490]3 years ago
4 0

Answer:

c. $1,740 F

Explanation:

The $\text{material quantity variance}$ is the measure of the $\text{difference}$ between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.

It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.

Therefore, the SQ = 2.8 ounces per unit x 1100 units =   3080 ounces

The materials quantity variance = (AQ - SQ) x SP

                                            = (2790 ounces - 3080 ounces) x $ 6 per ounce

                                            = (-290 ounces) x $ 6

                                            = $ 1740 F

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2 years ago
A structure that organizes worldwide operations primarily based on function and secondarily on product is called: a global area
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Answer:

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As a result of monetary policy of the Fed, the dollar appreciated and the amount of exports decreased. Which of the following Fe
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D. A Fed sale of bonds to brokers and banks.

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3 years ago
Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $37,200 and ending Inventory of $46,300. The avera
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Answer:

Average inventory= $41,750

Explanation:

Giving the following information:

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