Parallel Enterprises has collected the following data on one of its products. During the period...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is:
Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: Direct materials standard (7 kg. @ $2.30/kg. ) Actual cost of materials purchased Actual direct materials purchased and used $16.10 per finished unit $381,900 156,000 kgs. Multiple Choice $23,100 unfavorable. o o $43,700 favorable O O $20,600 unfavorable. O $43.700 unfavorable. $23,100 unfavorable. 0 $43,700 favorable. $20,600 unfavorable. $43,700 unfavorable. $23,100 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!
