Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information is for direct material c

The following information is for direct material cost for X Company for 2016: Budgeted pounds...

60.1K

Verified Solution

Question

Accounting

image

The following information is for direct material cost for X Company for 2016: Budgeted pounds per unit of product Budgeted cost per pound Budgeted production Actual pounds per unit of product Actual cost per pound Actual production 2.9 $13.80 5,470 units 2.6 $14.00 5,190 units 1. What was the direct material static budget for 2016? $218,909 You are correct Your receipt no. is 152-2988 Previous Tries 2. what was the direct material flexible budget variance for 2016 (a positive number means a favorable variance; a negative number means an unfavorable variance)?29993 Submit Answer Incorrect. Tries 1/2 Previous Tries

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

Calculus
1.2K views

Find all points with coordinates of the form (a, a) that are a distance 7...

Accounting
1.2K views

Problem 3-3 (Part Level Submission)A review of the ledger of Windsor, Inc. at December...

Statistics
1.2K views

Height vs Weight - Erroneous Data: You will need to use software to answer these questions. Below...

Medical Sciences
1.2K views

1 List all of the cranial nerves that only have a purely sensory function & state...

Chemistry
1.2K views

You are trying to find an appropriate solvent to use as a TLC mobile phase. Pure...

Physics
1.2K views

A square membrane has all four sides (length a) tightly clamped. Some of its vibrational modes...

Accounting
1.2K views

MSI’s educational products are currently sold without any supplemental materials. The company is considering the inclusion...

Biology
1.2K views

Which sentence uses the underlined word incorrectly?A. In the old days, a couple of companies...

Physics
1.2K views

25 A long spring when stretched by a distance x has potential energy U On...

Statistics
1.2K views

6 2 Negative z scores 0 00 0 01 0 02 0 03 0 04...

Algebra
1.2K views

The number of hospitals in the United States has been declining for many years In...

Accounting
1.2K views

Question 27 4 pts Weighted Average unit cost is calculated by: Units on Hand/Total Cost...