Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. during march, patt, inc. purchases and uses 8,800

During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make...

80.2K

Verified Solution

Question

Accounting

During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make 4,000 tiles. Patt's standard material cost per tile is $8(2 pounds of material $4.00).
Compute the total, price, and quantity material variances for Patt, Inc. for March.
Total materials variance
$
Materials price variance
Materials quantity variance
$
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

Basic Math
1.2K views

The electrical resistance of a wire varies directly as its length and inversely as the square...

Biology
1.2K views

Which term best describes an antimicrobial drug that affects only one or a few microbial...

Biology
1.2K views

g and drop the terms to label the diagram depicting a phospholipid molecule Hydrophilic region...

Biology
1.2K views

these Activated ignorance Inert information Activated knowledge Intuitive reasoning Question 14 Each of the following...

Basic Math
1.2K views

Use the figure on p 21 to find the a annual base premium and b...

Basic Math
1.2K views

Write an equation of a line in slope-intercept form through the point (1, -5) and...

Calculus
1.2K views

Use Taylor series to evaluate the lim 1 In 1 8x cos 8x x lim...

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

Question 13 Not yet answered The bank provide loan to client of 10000 in cash...

Accounting
1.2K views

QUESTION 2 The following information (Extracted) is related to MIKA Empire for the year ended...

Accounting
1.2K views

Titus Company produced 3,100 units of a product that required 4.776 standard hours per unit....

Accounting
1.2K views

Complete this question by entering your answers in the tabs below. Which of the following...