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Author Question: Hewlitt Company has gathered the following information about its purchase and use of raw materials ... (Read 41 times)

Bob-Dole

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on: Jan 5, 2020
Hewlitt Company has gathered the following information about its purchase and use of raw materials for September:

Standard price per kilogram of raw material $10.00
Actual purchase price per kilogram of raw material $9.60
Standard quantity allowed for actual production (kilograms)900
Actual quantity of raw materials purchased (kilograms)1,000

Hewlitt Company uses a standard cost system.  What is the materials price variance?
◦ $360 favourable
◦ $360 unfavourable
◦ $400 favourable
◦ $400 unfavourable
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by Bob-Dole on Jan 5, 2020

Sassygurl126

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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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Bob-Dole

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review

softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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