Essentials of Business Communication (MindTap Course List)
11th Edition
ISBN: 9781337386494
Author: Mary Ellen Guffey, Dana Loewy
Publisher: Cengage Learning
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Chapter 9, Problem 9.12AAC
Summary Introduction
To Determine:
A memo yardstick to the Vice President of Marketing that compares online chat support software.
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Maston Incorporated has the following data for its operation in August:
Increase in direct materials inventory
100
Sets
Direct materials purchased (AQ)
1,600
Sets
Finished goods manufactured
700
units
Direct materials purchase-price variance
$ 528
Favorable
Budgeted
Finished goods to manufacture
800
Units
Direct materials purchases
2,000
Sets
Direct materials per unit of finished goods
2
Sets
Direct materials price per set (SP)
$ 4.40
What was the direct materials usage variance in August?
Sub: financial accounting
None
Chapter 9 Solutions
Essentials of Business Communication (MindTap Course List)
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- Answer in step by step with explanation. Don't use Ai and chatgpt.arrow_forwardArlington Corp. has determined a standard direct materials cost per unit of $7.50 (2.5 feet at $3.00 per foot). Last month, Arlington purchased and used 5,000 feet of direct materials, for which it paid $16,000. The company produced and sold 1,950 units during the month. Calculate the direct materials price variance, direct materials quantity variance, and direct materials spending variance.arrow_forwardProvide answerarrow_forward
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