Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 16. x company has the following information: stand

16. X Company has the following information: Standard quantity per unit of output Standard price...

80.2K

Verified Solution

Question

Accounting

image
16. X Company has the following information: Standard quantity per unit of output Standard price 3.5 kg $ 20.50 per kg The actual results during the month are as follows: 7,600 kg 165,30 5 $ Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 8,600 kg 1,400 units What is the materials price variance for the month? a) $10,995 F b) $4.025 U c) $10,995 U d) $6,125 U

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Dividend distribution You have recently been appointed CEO of Dumbledore Ltd., a wholesale distributor of magic supplies....

Finance
Q

An investment firm recommends that a client invest in bonds rated? AAA, A, and B. The...

Basic Math
Q

Locate the results of a recent survey that shows at least two variables in a newspaper, magazine,...

Statistics
Q

8. How do mirrors for most lasers achieve high (>95%) reflectivity not possible with simple metal...

Physics
Q

Please discuss how you would manage the ethical issues in producing and conducting a research study...

Psychology
Q

An electric dipole consists of charges 2 10 8 C separated by a distance of...

Physics
Q

Cornell Taka Enterprises had the following accounts and normal balances listed on its December 31...

Accounting
Q

i want solution for above question in 15 mins I will give like if you...

Accounting
Q

Hemal Thomas isan employee in British Columbia. The net pay calculation is for the first...

Accounting
Q

If you had 100 vested stock options at $5/share and the current market price of...

Accounting
Q

Kropf Incorporated has provided the following data concerning one of the products in its standard...

Accounting
Q

QUESTION 1 Partally correct Mark 200 out of 2500P FHag question Estimating Share Value Using...

Accounting