Chapter 1, Problem 12.9EC

The actual cost of direct materials is $37.60 per kilogram, while the standard cost per kilogram is $39.80. During the current period, 3,500 kilograms were used in production. What is the direct materials price variance?

General accounting question

Please provide the solution to this general accounting question with accurate financial calculations.

What is the amount of ending finished goods inventory?

Accounting question answer

Conrad operates a dairy farm. His total costs are $480,000 per year, and his fixed costs are $180,000 per year. This means that his variable costs are: A. $300,000 B. $480,000 C. $660,000 D. $180,000 E. $120,000

Hello tutor solve this question and accounting question

Solve this MCQ

Cascade Corporation had total assets of $650,000 and total liabilities of $380,000 at the beginning of the year. During the year, total assets increased by $95,000, and stockholders' equity decreased by $40,000. What is the amount of total liabilities at the end of the year?