Dr. Fauci plans to maloe 10,000 doth masks but ends up making 14,000 due to...

90.2K

Verified Solution

Question

Accounting

image

Dr. Fauci plans to maloe 10,000 doth masks but ends up making 14,000 due to high demand. He purchases 5,000 yards of clath and uses 4,600 in production. The actual price of cloth is $5.9 per yard and the standard price is $5.5 per yard. The standard quatity is .25 yards per mask. What is Dr. Fauci's materials price variance? Enter your answer as a positive number (note Favorable or Unfaworable for the next question) Question 4 1 pts Refer to your previous answer to Question 4. Is Dr. Fauci's materials price variance fovorable or unfovorable? Favorable Unfancrable Please nate your given numbers will have changed from the previous question! Question 5 2 pts Dr. Fauci plans to make 10,000 doth masks but ends up making 14,000 due to high demand. He purchases 5,000 yards of clath and uses 3,600 in production. The actual price of clath is $5.8 per yard and the standard price is $5.5 per yard. The standard quantity is .25 yards per mask. What is Dr. Fauci's materials quantity variance? Enter your answer as a positive number (note Favorable or Unfaworable for the next question) Question 6 1 pts Refer to your previous answer to Question 5. is Dr. Fauci's materials quantity variance favorable or unfoworable? Favorable Unfarvorable

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