Essay
Dandridge Company established a direct materials standard of 4 pounds at $4.50 per pound for one of its products.During April,Dandridge produced 22,000 units of the product,using 86,000 pounds of material.
Required:
Based on this information,
(a)Which variance can you calculate?
(b)What is the dollar amount of the variance?
(c)Is the variance favorable or unfavorable?
(d)Do you consider the variance to be sufficiently material that managers should investigate to discover the cause of the variance?
Correct Answer:
Verified
(a)Materials usage variance
(b)(86,000 −...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
(b)(86,000 −...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q39: Pfeiffer Company produces a number of
Q40: When a comparison of static and flexible
Q41: Which of the following statements is incorrect
Q42: Unfavorable flexible budget variances are those that
Q43: <span class="ql-formula" data-value="\begin{array} { l r c
Q45: Which of the following statements is correct?<br>A)
Q46: Which of the following is a difference
Q47: The total sales variance includes both price
Q48: Which of the following statements is incorrect?<br>A)
Q49: In most cases,the production manager should be