I need perfect answer otherwise I will give downvotes From he lowing partoan compuer he ongMaterial cost vanancesb) Material price varancec) Material usage varianceStandardAcualMaterial Price PceOy107107.11241222ABC

Answered: Mowng Fom he lowing parican compuer…

Mowng Fom he lowing parican compuer Material cost a) b) Material price varance c) Material usage variance Sandar Material Pr Actual rice9 P 10 710 12 22 11 ABC

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: If I tried to use this method when doing other problems will all the negatives always be…

A: No, not necessarily. In standard costing problems, negative variances can be either favorable or…

Q: I can't get the right answer becases there is more quantity

Q: Postpurchase dissonance is a function of a. None of the mentioned b. The difficulty of…

A: The answer is : d . All of the mentioned

Q: It says that step a is wrong. That those are not the right ROI's. Is there another way to solve that…

A: Introduction:- Return on investment indicates how well an investment performed in comparison to the…

Q: my instructor advises this answer is incorrect

A: Present value is an estimate of the present value of future cash values that may be received at a…

Q: Are you convinced that the APT model is superior than CAPM? If yes or no, why?

A: APT theory is referred to as the multi-factored macro-economics regarding an asset pricing model on…

Q: Which of the following statements is FALSE about "backward thought process'? Statement I. It…

A: a) neither of two statements is false

Q: Why the limitation of portfilio analysis is itsuggests the use of standard strategies that can miss…

A: A portfolio is a collection of various investments. Portfolios are a vital part of a corporation…

Q: important to have an FMS option

A: FMS Stock Options refers to all outstanding options to buy stocks of FMS Common Stock bestowed under…

Q: What can be understood by abnormal return?

A: Note firstly we understand what is meaning of abnormal return. Basic meaning of abnormal return is…

Q: unqualified is not the correct answer

A: PCAOB standards are those standards which maintain as well as establish the high quality of auditing…

Q: Unfortunately it says that that is wrong, thats the answer i came up with at first also

A: Annual payment (A) = $1050 Annual interest rate (r) = 0.06 or 6% Period (p) = 21 years Total value…

Q: The solution is showing as not correct. not sure where you got some of those number either.

A: Here discuss about the details of calculation of taxable income which can be differentiated from…

Q: Explain Deficiency Judgment?

A: To borrow funds, borrower might be required to mortgage its property to the lender. In case that…

Q: Information is verifiable when. a. Using different methods it gives you same results b. It give you…

A: The process by which financial transactions of the business are recorded and communicated with the…

Q: What are some disadvantages of the APT?

A: APT is the abbreviation used for the arbitrage pricing theory. A theory or a model for asset pricing…

Q: All of the answers you gave me is incorrect

A: Material variance is the difference between the actual cost of direct materials and the expected…

Q: Working out is not right, can you try again

A: Given,Face value (nominal value) = £100Issue price = £115Coupon rate = 6.6% p.a.Redemption value =…

Q: A project with a negative NPV should be rejected. O True O False

A: Net present value = present value of future cash inflows discounted at desired rate of return -…

Q: The risk of incorrect rejection is associated with the use of negative confirmations. Question 32…

A: The given Statement is True....

Q: What weights should Ms. Thompson recommend for Colin’s strategy? specifically. its not clear from…

A: Portfolio duration and convexity are their weighted average.

Q: The period set is arbitrary. It to understand

A: Payback period is the no. of years required to recover the initial amount invested.

Q: Need more explaniation for part C but I don't think it's the right answer. I got a different answer…

A: Preferred stocks carry a fixed rate of dividend and these are preferred in payment of dividends as…

Q: It is not particularly important what allocation base is used in calculating the POHR as long as it…

A: Consistency in the application of the allocation base is indeed crucial when calculating the…

Q: t more difficult to maintain a short position than a long position. True or false? Explain your ans

A: There are two methods in the stock market one is to go long in the market and other is you go short…

Q: which of the following is not a qualitative characteristic associated with Relevance? a.…

A: Financial statements should be true and fair, for presenting true and fair financial information;…

Q: Which one is an advantage of 1 point secondary data O Already exists O May be outdated

A: Solution- Step (1) - Secondary Data Secondary data is that the information that has already been…

Q: The revenue risk can be significantly reduced if these revenue sources move in _____ Group of answer…

A: risk is the degree of uncertainty of occurring or non-occurring of worse things, in generally…

Q: percentage method

A: Income Tax refers to the amount paid to the government by the businesses and individuals on the…

Q: hy dating can be considered a method to solve the adverse selection problem a. You are preventing…

A: In finance the data is very important and having proper and adequate data is very important because…

Q: If you approach a decision in the spirit of 'trial and error', you often O a. irreversible Ob. O b.…

A: A type of learning in which the organism successively tries various responses in a situation,…

Q: Briefly describe the false-paradigm model with reference to advice, access to credit and neglect of…

A: International-Dependency models: Dependency theory is the theory of development mainly based on…

Q: Which one is not an example of input to a mathematical model? a. Uncontrollable or environmental…

A: Solution: Project result is not an example of input to a mathematical model because it is an example…

Q: One cost that is irrelevant in decision making is a sunk cost Group of answer choices True False

A: Sunk costs are those costs that are already incurred and it is irrelevant for the decision-making as…

Q: he answer is marked as incorrect, i don't know what's wrong I've tried everything

A: The depreciation methods are classified as 1. Straight line method 2. Reducing balance method 3.…

Q: Can you explain b more? I'm not entirely comprehending it.

Q: What is the VIX index? What is it used for? What are considered high values for the VIX and what do…

A: Volatility: - Volatility is a measure of movement or price variation in assets on daily, weekly,…

Q: the last one is showing wrong

A: Answer 3) When a special order circumstance occurs, management must compute the necessary costs to…

Q: ot correct, some calculations are wrong, can you try again

A: Since the payments are made in the beginning of the period, the formula used will be an annuity due.…

Question

100%

I need perfect answer otherwise I will give downvotes

From he lowing partoan compuer he ong
Material cost vanances
b) Material price varance
c) Material usage variance
Standard
Acual
Material Price PceOy
10
710
7.
11
24
12
22
ABC

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

These answered came back as incorrect?
When we work with the breakeven point, how important is it to understand what a decision variable is? How is it different from a regular variable?
What exactly are the effects of choosing the wrong indexing strategy?
Im having an issue with this problem. Thank you!
What is Roll’s critique of CAPM tests?
the answer provided does not support the question. which makes the answer incorrect.
60
What is underpricing? Why is it used? What evidence do we have to support the belief that underpricing is a regular problem?
Which of the following statements is true? When designing an activity-based costing system, related activities are frequently combined to reduce the amount of detail and record-keeping cost. Activity-based costing uses a number of activity cost pools, each of which is allocated to products on the basis of direct labor-hours. Activity-based costing involves a two-stage allocation process in which overhead costs are first assigned to activity cost pools and then allocated to products using activity measures. The challenge in designing an activity-based costing system is to identify all of the activities that explain the variation in overhead costs. Statements I, II, and III are true. Statements I and III are true. All of the statements are true. Statements II and III are true.
What is Descartes's account of error? How do we make one and how can we avoid making one?
Are you concerned about high deficits? Why are why not?
I don’t know how to solve for this