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Author Question: If you know the total dollar amount of direct materials purchased but not the actual unit price, ... (Read 63 times)

gjjjjjdkkkkk3k3k33k

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on: Feb 5, 2023

Question 1

The algebraic equation for the direct materials price variance is
◦ Direct materials price variance = SP × (AQpurch - SQpurch).
◦ Direct materials price variance = SQpurch × (AP - SP).
◦ Direct materials price variance = AP × (AQpurch - SQpurch).
◦ Direct materials price variance = AQpurch × (AP - SP).

Question 2

If you know the total dollar amount of direct materials purchased but not the actual unit price, which of the following can you use to calculate the unit price?
◦ Divide the total purchases amount by the actual number of units purchased.
◦ Multiply the total units used by the standard unit price.
◦ Divide the total purchases amount by the actual number of units used.
◦ Multiply the standard price per unit times the actual quantity used.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by gjjjjjdkkkkk3k3k33k on Feb 5, 2023

wangyichun

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Reply #1 on: Feb 5, 2023
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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gjjjjjdkkkkk3k3k33k

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

cassie_ragen

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

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