18/4. Knee pic is a manufacturing company. In April 20X8 Knee used 33,640 kg of...

80.2K

Verified Solution

Question

Accounting

18/4. Knee pic is a manufacturing company. In April 20X8 Knee used 33,640 kg of material at a total standard cost of 245,340. The material usage variance was 1,914 adverse

Calculate the standard allowed weight of material for the actual production achieved by Knee in April 20X8:

OA. 33,576kg

OB. 33,840kg

OC. 34,104kg

OD. 35,754kg

20. A dairy produces 7.000 litres of milk a week for sale to its wholesale bottling customer. The breakeven point has been calculated at 5,000 litres a week with dairy fixed costs running at 520,000 per annum

On the basis that the dairy sets the selling price for its milk at variable cost plus 20%, then what is the selling price per litre of mik:

OA 12.00

OB 10.00

OC 8.57

OD. 8.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students