Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how many pounds of raw material were purchased and

How many pounds of raw material were purchased and used during the period? ...

80.2K

Verified Solution

Question

Accounting

How many pounds of raw material were purchased and used during the period?

image

Exercise 11-9 (Part Level Submission) You have been given the following information about the production of Usher Co, and are asked to provide the plant manager with information for a meeting with the vice president of operations. Direct materials (6 pounds at $3 per pound) Direct labor (0.80 hours at $8) Variable overhead (0.80 hours at $4 per hour) Fixed overhead (0.80 hours at $7 per hour) Standard Cost Card $18.00 6.40 3.20 5.60 $33.20 The following is a variance report for the most recent period of operations. Variances Costs Total Standard Cost Price Quantity $407,000 5,270 F $9,900 U 6,700 U Direct materials Direct labor 144,710 5,100 U (b) How many pounds of raw material were purchased and used during the period? (Round answer to 0 decimal places, e.g. 125.) Raw material pounds LINK TO TEXT LINK TO TEXT

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

Statistics
1.2K views

Fall 2 1 A plastic bottle company is measuring the variation of the cap size...

Statistics
1.2K views

Your foreman claims that tree planting is a job for young people. He further claims that...

Chemistry
1.2K views

Part A Determine the [OH−] of a solution that is 0.140 M in CO3. Express your answer...

Medical Sciences
1.2K views

1.Medication non-adherence among patients with hypertension is a major pharmaceutical care challenge. How can you as...

Biology
1.2K views

A host protein becomes mis folded resulting in disease This best describes a a O...

Basic Math
1.2K views

The offices of president vice president secretary and treasurer for an environmental club will be...

Calculus
1.2K views

Evaluate the following integral 3 fx 8x dx

Algebra
1.2K views

olve the system of equations by substitution y x 4 x 5y 4z 24 6x...

Algebra
1.2K views

Consider the first six terms of this sequence 5 7 11 19 35 67 If...

Accounting
1.2K views

SmilesRUs is a wholesaler of supplies for dental clinics and dentists. They use an ERP...

Accounting
1.2K views

Concord Corporation has conducted a year-end review of its outstanding accounts receivable and has determined...

Finance
1.2K views

Which one of the following might be included in a bond's list of negative covenants?...