8. The storekeeper at Bandit Hotel performed the weekly housekeeping supply count. Records indicated an opening balance of 600 units, with deliveries of 250 units and usage logged at 580 units during the week. Physical verification found 245 units in stock. Head of housekeeping requested the quantity variance report. Right answer?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EA: Marzons records show raw materials Inventory had a beginning balance of $200 and an ending balance...
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8. The storekeeper at Bandit Hotel performed the weekly housekeeping supply count. Records indicated an opening balance of 600 units, with deliveries of 250 units and usage logged at 580 units during the week. Physical verification found 245 units in stock. Head of housekeeping requested the quantity variance report. Right answer?

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