Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. randt footwear corporation's flexible budget cost

Randt Footwear Corporation's flexible budget cost formula for supplies, a variable cost, is $2.79 per...

90.2K

Verified Solution

Question

Accounting

Randt Footwear Corporation's flexible budget cost formula for supplies, a variable cost, is $2.79 per unit of output. The company's performance report for last month showed a $5,363 favorable spending variance for supplies. During that month, 17,300 units were produced. Budgeted activity for the month had been 17,200 units. The actual cost per unit for indirect materials must have been closest to:

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

Advance Math
1.2K views

solve y\" + 4y = 5 tan(2x)

Physics
1.2K views

I need a proper solution for this question ( well explained and understandable writing) Charged particles from...

Physics
1.2K views

A toy cannon uses a spring to project a 5.38-g soft rubber ball. The spring is...

Accounting
1.2K views

1) Do you think that anyone can be trained to be a salesperson? Why or why...

Biology
1.2K views

Which of the following are the abiotic components of an environmen Select all that apply...

Physics
1.2K views

A mono atomic ideal gas y 1 67 molecular weight 40 is compressed adiabatically from...

Basic Math
1.2K views

This image of a physics problem shows a block resting on a ramp PQP is...

Statistics
1.2K views

a What numbers must probabilities be between b What must the sum of the probabilities...

Accounting
1.2K views

Jackson Toys manufactures a doll to complement the "Tickle Me Elmo" doll called the "Bite...

Accounting
1.2K views

Which of the following types of adjustments to the government fund financial statements are necessary...

Accounting
1.2K views

Accounting
1.2K views

Conversion cost per equivalent unit is $2 and material cost per equivalent unit is $4....