Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. compute the cost of direct materials in the flexib

Compute the cost of direct materials in the flexible budget for the number of units...

80.2K

Verified Solution

Question

Accounting

Compute the cost of direct materials in the flexible budget for the number of units manufactured for Giles Company based on the following data.

Budgeted units of production for June 5,000

Budgeted pounds of direct materials for June production 10,000

Actual number of units produced in June 5,200

Pounds of direct materials purchased 14,000

Pounds of direct materials used for June production 12,000

Actual cost of direct materials used $93,000

Direct materials usage variance $4,000 Unfavorable

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

calculate the change in pH when 3.00 ml of 0.1 M HCL is added to 100...

Chemistry
Q

How does the processing and structure of glasses affect fracture toughness for 1. annealed glass 2. silica glass 3....

Mechanical Engineering
Q

A particle is rotated in a vertical circle by connecting it to a string of...

Physics
Q

Hailey is considering taking out an 8 year loan with monthly payments of 125 at...

Geometry
Q

6 On Gabriela s first birthday her parents gave her a 50 savings account On...

Basic Math
Q

Which of the following does NOT reveal the variation spread of the data Check all...

Statistics
Q

Evaluate and simplify the expression when x=14 and y= 1/3.2x/13-9y =?

Algebra
Q

12) True or False? The Necessary and Proper Clause of the Constitution created federal bankruptcy...

Accounting
Q

The public interest is one of the six ethical principles embedded in the AICPA Code...

Accounting
Q

4 2. A piece of equipment used in a manufacturing plant that costs 220,000 to...

Accounting
Q

On the statement of cash flows, cash receipts from the purchase of merchandise for resale...

Accounting
Q

You are analyzing the stock of a public utility. The company's most recent earnings per...

Finance