Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds per unit....

60.1K

Verified Solution

Question

Accounting

image
Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3,35 per pound. 15,300 units used 36,600 pounds, which were purchased at $3.55 per pound. This informabin has been collected in the Microsoft Excel Online file, Open the spreadsheet, perform the required analisis, and input your answers in the questions below: Open spreadsheet What is the direct materials (a) price variance, (b) quanticy varance, and (c) cost vanance? Round your answers to the nearest delar, Enter a fovorable variance as a negative number using a mirus sign and an unfavorable variance as a positive number

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