Business, 02.01.2022 14:00, queenskmk1628

A food complex has three types of direct material inputs and standards to produce 9 pounds of output (sausage) are:
5 pounds of meat A at the actual cost of $ 0.70/pound = $3.50
3 pounds of meat B at the actual cost of $ 1.00/pound = $3.00
2 pounds of meat C at the actual cost of $ 0.80/pound = $1.60
Total $8.10
Suppose that no inventories of direct materials are kept. Purchases are made as needed. Actual
results show that a total of 100,000 pounds of meat were used during the month of June as
follows:
46,000 pounds of meat A at actual cost of $ 0.80/pound = $36,800
40,000 pounds of meat B at actual cost of $ 1.05/pound = $42,000
14,000 pounds of meat C at actual cost of $ 0.85/pound = $11,900
100,000$90,700
Required: calculate
a) The budgeted quantity of direct material inputs for each type of meat
b) The direct material variances
c) Direct material price variances
d) Direct material efficiency variances

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, samwamooo

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Answers: 2

continue

Business, 22.06.2019 12:00, lyn36

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b. compensating differentials c. monopoly wages d. wages based on human capital development of each employee

Answers: 3

continue

Business, 22.06.2019 13:00, ksteele1

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators

Answers: 1

continue

Business, 22.06.2019 18:30, lebronbangs8930

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.

Answers: 1

continue

Do you know the correct answer?

A food complex has three types of direct material inputs and standards to produce 9 pounds of outp...