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Author Question: Grayson Industries has collected the following data for one of its products:Direct materials ... (Read 62 times)

stevenposner

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on: Jan 5, 2020
Grayson Industries has collected the following data for one of its products:

Direct materials standard (4 kilograms per unit @ $0.50/kg.)$2 per finished good
Direct materials flexible budget variance-unfavourable$10,000
Actual direct materials purchased and used40,000 kilograms
Actual finished goods produced24,000 units


How much is the direct materials price variance at Grayson Industries?
◦ $4,000 favourable
◦ $38,000 unfavourable
◦ $4,000 unfavourable
◦ $38,000 favourable
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by stevenposner on Jan 5, 2020

mmpiza

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stevenposner

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Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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