--/1Question 14View PoliciesCurrent Attempt in ProgressA company uses 80000 gallons of materials for which theypaid $3 a gallon. The materials price variance was $80000favorable. What is the standard price per gallon?O $3.00O $2.00O $4.00O $1.00hpf12f1110fg14418174+f6&

Direct material variances:The difference between the actual material cost per unit and the standard…

Answered: --/1 Question 14 View Policies Current…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Multiple Choice Question 73 In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 70000 $92000 February 42000 70000 March 60000 88000 April 82000 120000 O $1.46. O $1.25. O $1.67. Cannot be determined from the information given. Click if you would like to Show Work for this question: Open Show V
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QS 25-16 (Algo) Pricing using total cost LO P6 Garcia Company sells snowboards. Each snowboard requires direct materials of $115, direct labor of $45, variable overhead of $60, and variable selling, general, and administrative costs of $18. The company has fixed overhead costs of $665,000 and fixed selling. general, and administrative costs of $117,000. It expects to produce and sell 11,500 snowboards. What is the selling price per unit if Garcia uses a markup of 10% of total cost? (Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts.) Selling price $ 68 per unit
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+ I/ V. P AIT M * 00 o8 7 HI FL R AP Chapters 8-10 Saved Help Save & Republic Industries decides to price delivery services according to the results of a recent activity-based costing (ABC) study. The study indicates Republic should charge $10 per order, 2% of annual order value for general delivery costs, $1.30 per item, and $35 for delivery. 6. A year later, Republic collected the following information for two of its best customers: Cost driver Customer C Customer D Number of orders Number of deliveries Total number of items 4,000 Annual order value 000 000'06 0006$ What are the total delivery costs charged to Customer D during the year? Multiple Choice 0069 Graw Type here to search 近 PrtSc Ins F10 F11 F12 +D E3 F7 F8 F5 6 风 -D 23 4 3. 5. 2. A G K. B. Alt
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%V9 l1. UUA o homework- m... -> Actuar direct manutacturing labor cost 12,650 euro Standards Purchase price of direct materials Materials per box 0.03 euro/g 200 g 12 euro/hour Wage rate Boxes per hour 10 Required : Compute the price and efficiency variances of direct materials and direct manufacturing labor. Question 2: Eric Williams is a cost accountant and business analyst for Diamond Design Company (DDC), which manufactures expensive brass doorknobs. DDC uses two direct-cost categories: direct materials and direct manufacturing labor. Williams feels that manufacturing overhead is most closely related to material usage. Therefore, DDC allocates manufacturing overhead to production based upon pounds of materials used. At the beginning of 2017, DDC budgeted annual production of 420,000 doorknobs and adopted the following standards for each doorknob: Input Cost/Doorknob Dircct materials (brass) 0.3 lb. @ $10/lb. $ 3.00 Direct manufacturing labor Manufacturing overhead: 1.2 hours @…
Question 13 The Haskins Company manufactures and sells radios. Each radio sells for $32.00 and the variable cost per unit is $20.00. Haskin's total fixed costs are $38,000.00, and budgeted sales are 14,000.00 units. What is the contribution margin per unit? O $12.00 O $20.00 O $32.00 O $168,000 O $1.41 Question 14 F2 F6 F7 F8 3 O -0- 2 F3 0+ # 3 F4 LA 4 F5 55 % ^ 6 다 & 7
need 1,2,3 question ans
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Question Content Area Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $23.95 per pound and costs $16.00 per pound to produce. Product D would sell for $36.45 per pound and would require an additional cost of $9.00 per pound to produce. The differential cost of producing Product D is?
J

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--/1 Question 14 View Policies Current Attempt in Progress A company uses 80000 gallons of materials for which they paid $3 a gallon. The materials price variance was $80000 favorable. What is the standard price per gallon? O $3.00 O $2.00 O $4.00 O $1.00 hp f12 f11 10 fg 144 18 17 4+ f6 &