Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. cabot company collected the following data regardi

Cabot Company collected the following data regarding production of one of its products. Compute the...

70.2K

Verified Solution

Question

Accounting

Cabot Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. Direct Materials Standard (6ls\bs. @S2/lb.) $12 finished unit; Actual direct materials used 243,00lbs; Actual finished units produced 40,000 units; Actual cost of direct materials used $483,570. The answers I have are: a. $2,430 unfavorable. b. $3,570 unfavorable. c. $2,430 favorable. d. $6,000 unfavorable. e. $3,570 favorable.

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

What are the physiologic implications of the congenital adrenal hyperplasia? (what is abnormal about the physiology...

Medical Sciences
Q

Look at the two histograms below Each involves the same number of data The data...

Basic Math
Q

For the function f(x) = -3 sin 5(x -?/6) + 8 the vertical shift is:a)...

Basic Math
Q

use fact that f x 1 2 x 2 to find a power series representation...

Basic Math
Q

Use Table 12-2 from your text to find how much should be deposited now at...

Basic Math
Q

Using the graph shown find a Hamilton path that begins at C and ends at...

Algebra
Q

QUESTION 3 Given the financial transactions and control environment described...

Accounting
Q

Bienvenu Enterprises reported cost of goods sold for 2017 of $1,400,000 and retained earnings of...

Accounting
Q

6. The Cash account of Safe and Secure Security Systems reported a balance of $2,490...

Accounting
Q

3. How is the focus of nursing care different for clients who have dementia vs....

Accounting
Q

1 Required information [The following information applles to the questions displayed below.] A...

Accounting
Q

The type of preferred stock whose dividend payments are never paid to stockholders and are...

Accounting