The computer system for Number 14, LLC, a manufacturer of basketball jerseys, fell victim to an internet virus. The manager was able to determine from various sources that 2,000 more yards were used in the production of 21,250 jerseys last period than purchased. Records show that the total direct material variance was $40,000 unfavorable. The direct material price variance was documented to be $120,000 unfavorable, which resulted from the actual cost per yard of direct material being $2 higher than the expected cost of $14 per yard. Additional documentation could not be found for the direct materials quantity variance. The amount of yards the company expected to use per jersey is O A. 3.2000 yards O B. 3.4000 yards O c. 3.6125 yards O D. 2.6487 yards O E. 3.0924 yards

The computer system for Number 14, LLC, a manufacturer of basketball jerseys, fell victim to an internet virus. The manager was able to determine from various sources that 2,000 more yards were used in the production of 21,250 jerseys last period than purchased. Records show that the total direct material variance was $40,000 unfavorable. The direct material price variance was documented to be $120,000 unfavorable, which resulted from the actual cost per yard of direct material being $2 higher than the expected cost of $14 per yard. Additional documentation could not be found for the direct materials quantity variance. The amount of yards the company expected to use per jersey is O A. 3.2000 yards O B. 3.4000 yards O c. 3.6125 yards O D. 2.6487 yards O E. 3.0924 yards

Name: The computer system for Number 14, LLC, a manufacturer of basketball
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Description: The computer system for Number 14, LLC, a manufacturer of basketball jerseys, fell victim to an internet virus. The manager was able to determine from various sources that 2,000 more yards were used in the production of 21,250 jerseys lastperiod tha

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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