Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. norio manufacturing uses powdered plastics (pps) t

Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital...

50.1K

Verified Solution

Question

Accounting

image

Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance 5,900 53,100 pounds 4,900 57,720 pounds 48,000 pounds $266,880 $ 28,860 unfavorable Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is

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