Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 15 10 a company manufactures frames and u

QUESTION 15 10 A company manufactures frames and uses wood for the frames. During a...

80.2K

Verified Solution

Question

Accounting

image
QUESTION 15 10 A company manufactures frames and uses wood for the frames. During a recent month, the company manufactured 2.500 frames using 4.000 feet of wood. The wood cost the company 56.000. The company's standards for one frame is 1.50 feet at a cost of $2.10 per foot Catulate the following for financial amounts de notes for this problem you should show decimo to to the right of the decimetido.com beyond to the right of the decimal complete the following table actual level of activity Standard Actuals Weet needed per unit 1.50 feet feet Feet needed in total feet 4.000 feet Cost per foot $2.10 Total cost at level of activity 56,000 5. What is the materials price variance? (do not show as positiveegative) is this variance" or "Ur (answer only "F" or "U" 7. What is the materials quantity variance? (do not show as positiveegative) Is this variance "For "U?" (answer only "F" or "U

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