Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company developed the following per-unit standar

A company developed the following per-unit standards for its product: 4 gallons of...

50.1K

Verified Solution

Question

Accounting

A company developed the following per-unit standards for its product: 4 gallons of direct materials at $11 per gallon. Last month, 4000 gallons of direct materials were purchased for $42400. The direct materials price variance for last month was
$1600 favorable.
$42400 favorable.
$1800 unfavorable.
$400 favorable.
image

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

Medical Sciences
1.2K views

Explain the concept of specificity in the immune system using blood type interactions as an example....

Physics
1.2K views

A sinusoidal electromagnetic wave of frequency 6.10

Finance
1.2K views

a. Do you think it is important to save for retirement, and why? b. What is your...

Physics
1.2K views

Sec 6 3 Consider a block with a mass of 1 82 kg that is...

Basic Math
1.2K views

Choose the option that best completes the statement.Following a translation, the measures of the angles...

Accounting
1.2K views

The two defined sections of stockholders' equity under IFRS are

Accounting
1.2K views

When we make adjusting journal entries, does this just affect revenue and expense accounts (subset...

Accounting
1.2K views

Apply variable costs into these questions below. MINIMUM 200 words ONLY! ...

Accounting
1.2K views

Machine-related utility costs are an example of: Group of answer choices unit-level activities. batch-level activities....

Accounting
1.2K views

checking work #11, 4 small parts ...

Finance
1.2K views

explain in detail, please! Problem 10-21 Cost-Cutting Proposals (LO2) Tanaka Machine Shop is...

Accounting
1.2K views

The management of Truelove Corporation is considering a project that would require an initial investment...