Sitka Industries uses a cost system that carries direct materials inventory at a standard cost....

90.2K

Verified Solution

Question

Accounting

image

Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): (Include commas in your answer) Sitka Industries made 3,000 ladders in July and used 9,000 pounds of material to make these units. Smith Industries bought 16,000 pounds of material in the current period. There was a $230 unfavorable direct materials price variance. How much in total did Sitka pay for the 16,000 pounds ? [Hint: enter your answer as POSITIVE to denote favorable, and NEGATIVE to denote unfavorable) Your

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