Direct Materials Variances De Soto Inc. produces tablet computers. The company uses Thin Film...
80.2K
Verified Solution
Question
Accounting
Direct Materials Variances De Soto Inc. produces tablet computers. The company uses Thin Film Crystal TFC LCD displays for its products. Each tablet uses one display. The compar produced tablets during July. However, due to LCD defects, the company actually used LCD displays during July, Each display has a standard cost $ Eight hundred LCD displays were purchased for July production at a cost of $ Determine the price variance, quantity variance, and total direct materials cost variance for July. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Price variance Quantity variance Total direct materials cost variance $ $ $
Direct Materials Variances
De Soto Inc. produces tablet computers. The company uses Thin Film Crystal TFC LCD displays for its products. Each tablet uses one display. The compar produced tablets during July. However, due to LCD defects, the company actually used LCD displays during July, Each display has a standard cost $ Eight hundred LCD displays were purchased for July production at a cost of $
Determine the price variance, quantity variance, and total direct materials cost variance for July.
Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Price variance
Quantity variance
Total direct materials cost variance
$
$
$
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.