Managment has determined that each widget has a standard materails cost of 3.50 when 2.5...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Managment has determined that each widget has a standard materails cost of 3.50 when 2.5 ounces of raw materailsat a cost of 1.40 per ounce are used. The static budget for the month of Dec showed an est production of 4000 widgeta in Dec. During Dec 4300 widgets were actually produced. The actual cost for each widget was 3.60 when 2.25 ounces of raw materail at a cost of 1.60 per ounce were purchased and used. what should be the total direct materails cost according to Hoppe flexible budget for Dec. A. 14000 B. 14400 C. 15480 D. 15050
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: Zin AI - Your personal assistant for all your inquiries!