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3 years ago

Silmon Corporation makes a product with the following standard costs:

Business

1 answer:

kolbaska11 [484]3 years ago

5 0

Answer:

Material quantity variance =$74, 280 unfavorable

Explanation:

The material quantity variance occurs when the actual quantity of material used to achieve a given level of output is more or less than the standard quantity expected.

For Silmon Corporation, it can be computed as follows:

Quantity variance is

Gram

5,300 units should have used ( 5300× 5.1 ) 27,030

but did used 39,410

Variance in quantity 12,380 Unfavorable

Price per unit × $6

Material quantity variance $ 74,280. Unfavorable

Material quantity variance =$74, 280 unfavorable

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Sever21 [200]

Answer:

Before-tax income $ 11,252,000

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Mesa’s combined tax rate

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Explanation:

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3 years ago

For each item listed below, indicate in the space to the right whether the item would be considered a product cost or a period c

Katena32 [7]

Answer:

1. Factory supervisory salaries Production Cost Factory Overhead

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3. Income tax expense Period Cost tax expense

4. Indirect materials used Production Cost Factory Overhead

5. Indirect labor Production Cost Factory Overhead

6. Office salaries expense Period Cost Administrative expense

7. Property taxes on factory building Production Cost Factory Overhead

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Explanation:

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Period cost goes straight to expense account

While

Production Cost do capitalizes through Inventory and later recognize as cost of goods sold.

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3 years ago

Ridge Company issues $10,000,000 10-year, 9% bonds on 3/1/17 at 97 plus accrued interest. The bonds are dated January 1, 2010, a

lilavasa [31]

Answer:

$9,850,000

Explanation:

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3 years ago

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3 years ago

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scoundrel [369]

Answer:

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