Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the standard cost of product b manufactured by san

The standard cost of Product B manufactured by Sandhill Company includes 3.6 units of direct...

60.1K

Verified Solution

Question

Accounting

The standard cost of Product B manufactured by Sandhill Company includes 3.6 units of direct materials at $5.90 per unit. During
June, 26,600 units of direct materials are purchased at a cost of $5.65 per unit, and 26,600 units of direct materials are used to
produce 7,300 units of Product B.
(a)
Compute the total materials variance and the price and quantity variances.
Total materials variance
Materials price variance
Materials quantity variance
(b)
Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.95 and the quantity
purchased and used is 26,500 units.
Total materials variance
Materials price variance
Materials quantity variance
image

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The relationship between stress and health and the importance of learning positive measures to ensure our...

Psychology
Q

A solid sphere of radius R with its center at the origin is uniformly charged...

Physics
Q

Parallelogram 2 does the transformed O A IV OB III O C II 1 D...

Geometry
Q

You deposit 10 000 at 4 5 per year What is the balance at the...

Algebra
Q

What is the range for the quadratic 2 function y x 2x 3 Answer x...

Algebra
Q

Polaski Company manufactures and sells a single product called a Ret....

Accounting
Q

With respect to the following costs in your personal finances, identify which would be variable...

Accounting
Q

What is the reason of having favourable and unfavourable Direct material variance in Management Accounting?

Accounting
Q

Write down a revenue function R(x) with the following conditions. For every dollar...

Accounting
Q

A company plans to make four annual deposits of $6,000 each to a special building...

Accounting
Q

$7,010 discounted to the present at 6.33 percent. (Round answer to 2 decimal places, e.g....

Finance
Q

(Capital structure analysis) Last year the Rondoelea Products Company had $134 million in annual sales...

Finance