The materials quantity variance for March is:Multiple Choice$3,400 F$20,800 F$20,800 U$3,400 U Puvo, Incorporated, manufactures a singie product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. Thecompany uses a standard cost system and has established the following standards for one unit of productStandard Price or Rate$ 4.25 per pound$ 11.00 per hour$ 2.50 per hourStandard Quantity2.5 poundsStandard CostDirect materials$ 10.62$ 5.50$ 1.25Direct labor0.5 hoursVariable manufacturing overhead0.5 hoursDuring March, the following activity was recorded by the company• The company produced 4,000 units during the month,• A total of 13,500 pounds of material were purchased at a cost of $37,800.There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,700 pounds of material remained in thewarehouse.• During March, 2,200 direct labor-hours were worked at a rate of $11.50 per hour.• Variable manufacturing overhead costs during March totaied $2,950.The direct materials purchases variance is computed when the materials are purchased.The materials quantity variance for March is:Mutiple Choice

Name: The materials quantity variance for March is:Multiple Choice$3,400 F$
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: The materials quantity variance for March is:Multiple Choice$3,400 F$20,800 F$20,800 U$3,400 U Puvo, Incorporated, manufactures a singie product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. Thecom

Answer: The Correct Answer is d.($3,400 U)

Answered: Choice $3,400 F

Business

Accounting

Choice $3,400 F

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Bha
C5: Nathaniel wants to buy a Toyota Prius Limited. It will cost $32,200. The loan will be 60 months at 4.93%. How much will his payments be per month? Question 6 options: $505.51 $707.73 $808.84 $606.62
You want to have $10,500 saved 8 years from now. How much less can you deposit today to reach this goal if you can earn 7 percent rather than 5 percent on your savings? Multiple Choice $1,007.94 $995.72 $1,023.90 $1,036.34
Question 19 3.1% 5.25% $15,000 $30, 000 $0
$7,760.00 $798.46 $901.80 $38,800.00
Only typed answer Please explain how the answer of 20548 was found, along with the name of the formula used
SHOT ON REDMI 7 AI DUAL CAMERA 31. Find the present value of an investment if the future value is $1,000. The investment pays 4.5% compounded semiannually for seven years. a. $873 b. $237 C $375 d. $732
Need help
Chapter 7 R E V I E W Write the letter of the best answer to each question. Find the original price for a kitchen table and chairs selling for $799.99 at 40% off. Round to the nearest dollar. A $800.00 B $1,120.00 C $1,333.00 D $2,000.00
Question 1 Angho has the following additions: • Equipment £50,000 • Motor car (personal use 10%) £20,000 • Computer É10,000 Calculate his AIA (Annual Investment Allowance)
3 bedroom 10*14ft kitchen/ living room 12*30ft 2 bathroom 6*12ft Rent: 2000/month Heat: 100/m Gas: 75/m Internet: 100/m snow/ garbage removal: 50/m ?? Amount of dollars deduction?? how much amount of dollars taxation deduction? how many percent of taxation deduction?
Q8 Which cash flow would you rather pay, $530 today or $700 in four years if interest rates are 8 percent?multiple choice pay $530 today pay $700 in four years