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
stealth61 [152]
2 years ago
10

MC Qu. 97 The standard materials cost to produce... The standard materials cost to produce 1 unit of Product R is 7 pounds of ma

terial at a standard price of $47 per pound. In manufacturing 6,000 units, 41,000 pounds of material were used at a cost of $48 per pound. What is the total direct materials cost variance
Business
1 answer:
OleMash [197]2 years ago
4 0

Answer:

total direct materials cost variance is $6,000 Favourable

Explanation:

first we get here Standard cost to manufacture

Standard cost to manufacture 6,000 units is = 7 × $47 × 6,000

Standard cost = $1,974,000

and

now we get here Actual cost to manufacturing

Actual cost to manufacturing 6,000 units is = 41,000 × $48

Actual cost = $1,968,000

and

now we get here Direct material cost variance that is express as

Direct material cost variance = Standard cost - Actual cost         ..........1

put here value

Direct material cost variance = $1,974,000 - $1,968,000

Direct material cost variance = $6,000 Favourable

You might be interested in
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Whitepunk [10]

Answer:

The Answer is D. B11:H14

Explanation:

A got a good grade

8 0
3 years ago
A company currently has 500 items in inventory. The demand for the next 2 months is 900 and 1200 units. Assuming a level product
Alborosie

The ending inventory at the end of the second period is 400 units

What is ending inventory?

Ending inventory means the quantity of stock left unsold at the end of a period.

It is determined as beginning inventory plus production units minus quantity sold or demanded.

Ending inventory first month=500+1000-900

Ending inventory first month=600

Ending inventory second month=600+1000-1200

Ending inventory second month=400

Find in the link below further explanation on ending inventory.

brainly.com/question/14970629

#SPJ1

8 0
1 year ago
When bruno's basis in his llc interest is $187,200, he receives cash of $74,880, a proportionate share of inventory, and land in
adoni [48]
<span>If Bruno's basis in LLC interest is $187,200 he receives $74,880 cash. Bruno's basis in inventory is $51,346 and his basis in land is $64,183. The total value Bruno has in cash, inventory, and land is $190,409. Bruno recognized a gain of $3,209.</span>
7 0
3 years ago
A given economy consists of markets A and B. All workers are equally skilled and choose jobs based only on wages. Due to an exog
blagie [28]

Answer:C. full efficiency in this market could be achieved even without reallocating workers between the two markets.

Explanation:

The marginal product of labour is the additional value that will be gained from production from employment of additional labour. The Entrepreneur will be willing to employ additional labour if the wages is lower than the marginal productivity and efficiency will only be achieved at that point.

Moving the labour from to market will not achieved efficiency in either market, for the wage rate is higher than the marginal product of labour in both market.

Increasing wage rate will reduce the efficiency and there is need to increase efficiency by making the marginal product of labour to be higher than labour rate.

4 0
3 years ago
Type the first thing that come to your mind
solong [7]

Answer:

testing </3

Explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which statement best describes a Schumer box?
    13·1 answer
  • _____ studies the whole economy, such as investments made by all consumers and businesses.
    8·2 answers
  • Consider this argument: "the kidnappers have taken eight people hostage and are holding them at a farmhouse just outside town. i
    6·1 answer
  • Assignable causes:
    9·1 answer
  • Woodward Corporation reported pretax book income of $1,000,000. Included in the computation were favorable temporary differences
    14·1 answer
  • How do i get my grade higher.60-80 and 70-80
    10·2 answers
  • What collective name do we refer to: natural resources, labor, capital, education or know-how?
    12·1 answer
  • Analyse, using a production possibility curve (PPC) diagram, the effect of an increase in enterprise on an economy.
    14·2 answers
  • PLEASE HELP!! ILL GIVE 10 POINTS AND BRAINLIEST
    12·1 answer
  • Name and two factors that contribute to a detrimental​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!