Acoma,Incorporated, has determined a standard direct materials cost per unit of $8.00(2 feet X $4.00...

80.2K

Verified Solution

Question

Accounting

Acoma,Incorporated, has determined a standard direct materials cost per unit of $8.00(2 feet X $4.00 per foot).Last month, Acoma purchased and used 4580 feet of direct materials, for which it paid $17862. The company produced and sold 2150 units during the month. Caculate the direct materials price,quantity, and spending variances.

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