Domose Inc. planned to use $150 of material per unit but actually used $147 of material per unit, and planned to make 1,100 units but actually made 900 units The sales-volume variance for materials is Select one: a. $2,700 unfavorable b. $30,000 Unfavorable C. $30,000 favorable d. zero e. $29,400 unfavorable

Domose Inc. planned to use $150 of material per unit but actually used $147 of material per unit, and planned to make 1,100 units but actually made 900 units The sales-volume variance for materials is Select one: a. $2,700 unfavorable b. $30,000 Unfavorable C. $30,000 favorable d. zero e. $29,400 unfavorable

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Description: University - Kadoorley courses20203الفرع الرئيسيالأعمال والاقتصادانظمة معلومات محاسبيةمحاسبة الادارية نظري - طولكرمالامتحانالمحاسبة الإدارية نظريDomose Inc. planned to use $150 of material per unit but actually used $147 of material per unit,and pla

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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Assume the following: • The standard price per pound is $2.35. • The standard quantity of pounds allowed per unit of finished goods is 4 pounds. • The actual quantity of materials purchased was 53,000 pounds, whereas the quantity of materials used in production was 50,700 pounds. • The actual purchase price per pound of materials was $2.25. • The company produced 13,000 units of finished goods during the period. What is the materials quantity variance? Multiple Choice O о O $3,055 F $5,175 F $2,925 F $5,405 F
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