Bounder Corp. purchased 22,000 pounds of materials in October at a total cost of $35,250. However, only 20,500 pounds were used in production during October. The company had a favorable direct materials price variance of $3,250 and an unfavorable usage variance of $3,675 for October. How many pounds should the company have used for production in October? а. 19,900 роunds b. 22,600 pounds 18,400 pounds d. 24,527 pounds е. 24,100 роunds f. 19,473 pounds g. 23,027 pounds h. None of the above. с.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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cost of $35,250. However, only 20,500 pounds were used in production during October.
The company had a favorable direct materials price variance of $3,250 and an
unfavorable usage variance of $3,675 for October. How many pounds should the
company have used for production in October?
Bounder Corp. purchased 22,000 pounds of materials in October at a total
a. 19,900 pounds
b. 22,600 pounds
c. 18,400 pounds
d. 24,527 pounds
e. 24,100 pounds
f. 19,473 pounds
g. 23,027 pounds
h. None of the above.
Transcribed Image Text:7. cost of $35,250. However, only 20,500 pounds were used in production during October. The company had a favorable direct materials price variance of $3,250 and an unfavorable usage variance of $3,675 for October. How many pounds should the company have used for production in October? Bounder Corp. purchased 22,000 pounds of materials in October at a total a. 19,900 pounds b. 22,600 pounds c. 18,400 pounds d. 24,527 pounds e. 24,100 pounds f. 19,473 pounds g. 23,027 pounds h. None of the above.
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