Clean Plate Company produces placemats. Each placemat calls for 0.2 meters of vinyl material; the...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Clean Plate Company produces placemats. Each placemat calls for 0.2 meters of vinyl material; the material should cost $1 per meter. In June, the company manufactured and sold 100,000 placemats. During the month, it used 20,200 meters of vinyl material. The total cost of the material was $19,796.
- Compute the direct materials price and direct materials quantity variances for June. Determine them as "favorable" or "unfavorable".
- What is the actual DM price per unit and actual DM quantity per unit?
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.