During September, 8,500 units were produced. The standard quantity of material allowed per unit was 9 pounds at a standard cost of $5.50 per pound. If there was an unfavorable usage variance of $18,975 for September, what amount must be the actual quantity of materials used?
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During September, 8,500 units were produced. The standard quantity of material allowed per unit was 9 pounds at a standard cost of $5.50 per pound. If there was an unfavorable usage variance of $18,975 for September, what amount must be the actual quantity of materials used?
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- Case made 24,500 units during June, using 32,000 direct labor hours. They expected to use 31,450 hours per the standard cost card. Their employees were paid $15.75 per hour for the month of June. The standard cost card uses $15.50 as the standard hourly rate. A. Compute the direct labor rate and time variances for the month of June, and also calculate the total direct labor variance. B. If the standard rate per hour was $16.00, what would change?During November, 10,000 units were produced. The standard quantity of material allowed per unit was 12 pounds at a standard cost of $4 per pound. If there was an unfavorable usage variance of $25,020 for November, what amount must be the actual quantity of materials used? Answer this questionDuring November, 10,000 units were produced. The standard quantity of material allowed per unit was 12 pounds at a standard cost of $4 per pound. If there was an unfavorable usage variance of $25,020 for November, what amount must be the actual quantity of materials used?
- What amount must be the actual quantity of material cost ?During November, 10,000 units were produced. The standard quantity of material allowed per unit was 12 pounds at a standard cost of $4 per pound. If there was an unfavorable usage variance of $25,020 for November, what amount must be the actual quantity of materials used? Solve this problemPlease give answer for this question
- Need help with this questionDuring August, 10,000 units were produced. The standard quantity of material allowed per unit was 10 pounds at a standard cost of $3 per pound. If there was an unfavorable usage variance of $18,750 for August, the actual quantity of materials used must be 106,250 pounds. 23,438 pounds. 93,750 pounds. 31,875 pounds.Need answer of the question
- During April, 80,000 units of product were produced. The standard quantity of material allowed per unit was two pounds at a standard cost of $5 per pound. If there was a favorable materials usage variance of $40,000 for April, the actual quantity of materials used must have been a. 168,000 pounds b. 152,000 pounds c. 84,000 pounds d. 76,000 pounds e. Some other answer not listed hereDuring December, 6,000 pounds of raw materials were purchased at a cost of $16 per pound. If there was an unfavourable materials price variance of $6,000 for December, the standard cost per pound must be a. $17 b. $16 c. $15 d. none of the aboveA Company has a material standard of 1.1 pound per unit of output. Each pound has a standard price of $27 per pound. During July, A Company paid $118,800 for 5,100 pounds, which they used to produce 4,900 units. What is the direct materials quantity variance?