How do I determine if the varience is favorable or unfavorable? ...
50.1K
Verified Solution
Link Copied!
Question
Accounting
How do I determine if the varience is favorable or unfavorable?
27- Caquias Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Ratc Direct materials.. Dircct labor.. Variable overhead kil 0.5 hours 0.5 hours $6.00 per kilo $10.00 pcr hour $4.00 per hour The campany reported the following results concerning this product in Aug: Actual output Raw materials used in production $73,160 $10,560 $4,510 Actual cost of raw matcrials purchases. Actual variable overhcad cost... The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased. The materials quantity variance for August is arian Ce A-$1,620F Material Quantity Variananatel Ahval- tenhod $1,674F C- $1,620U $1,674Uu B- D- nau mechine on which the
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!
