Solved: Direct materials standard 6 pounds per unit 055lb 330 per, Accounting Basics

+44 141 628 6080
[email protected]

Direct materials standard 6 pounds per unit 055lb 330 per

Question - Jackson Industries has collected the following data for one of its products:

Direct materials standard (6 pounds per unit @ $0.55/lb.) $3.30 per finished good

Direct materials flexible budget varianceminus -unfavorable $12,000

Actual Direct Materials Used (AQU) 35,000 pounds

Actual finished goods produced 26,000 units

How much is the direct materials quantity variance?

A. $78,550 unfavorable

B. $78,550 favorable

C. $27,940 unfavorable

D. $66,550 favorable

View Complete Question

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Direct materials standard 6 pounds per unit 055lb 330 per

Reference No:- TGS02612750

Now Priced at $25 (50% Discount)

Recommended (98%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discuss three ethical guidelines that are important

Identify and discuss three ethical guidelines that are important to consider when designing an 8-week group for adolescents who are referred

How we perceive objects in the real world

Suppose that a group of researchers would like to explore how we perceive objects in the real world, rather than just in a laboratory

How do you define being an adult

Based on information provided in Ch. 11 & 12, how do you define "being an adult"?

Review a social, behavioral, or cultural factor

Bearing in mind that there may be several, choose a social, behavioral, or cultural factor associated with your selected domestic violence

Discussion about the nature versus nurture

In our readings, we learn more about the nature versus nurture argument. For this discussion, I want you to go in depth a bit more and debate the importance

Identify one antecedent, one behaviour, and one consequence

Sahir is the most active student in your kindergarten class. He tends to be very disruptive when the teacher you work with is teaching the class,

Problem regarding the america youth and social media

Think about where you were the most and least engaged when reading a classmate's draft. Think about what captured your attention

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Direct materials standard 6 pounds per unit 055lb 330 per

Reference No:- TGS02612750

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : A company has current assets of 589000 and current

Q : Boots plus has two product lines hiking boots and fashion

Q : What is the corporate valuation of the company burts

Q : Find the ear in each of the following

Q : Direct materials standard 6 pounds per unit 055lb 330 per

Q : If everything else is held constant an increase in common

Q : The comapany has 5 million shares of common stock

Q : What is the optimal product mix how many m and n should be

Q : Rudolfo purchased 900 shares of stock for 6220 a share six