This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Nantucket, Inc. uses a standard cost system in which direct materials are carried at standard cost. ... (Read 59 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148
on: Feb 5, 2023
Nantucket, Inc. uses a standard cost system in which direct materials are carried at standard cost. Standards for one unit of product are: standard quantity of 2 feet, standard price $1.50 per foot. During May, Nantucket purchased 16,000 feet of direct material at a cost of $30,000 and used 15,500 feet in production of 7,500 units.

Required:

Calculate the direct materials price and quantity variances and indicate whether the variances are favorable or unfavorable.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Feb 5, 2023

ad2018

  • Full Member
  • ***
  • Posts: 189
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.
Answer Preview
Only 60% of students answer this correctly


heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Peripheral nervous system PNS Diagram Peripheral nervous system PNS Diagram
The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga
The organic compounds from which most cellular materials are constructed: the ABCs of biochemistry The organic compounds from which most cellular materials are constructed: the ABCs of biochemistry
The Major Components of the Limbic System The Major Components of the Limbic System
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
The Central and Peripheral Nervous System The Central and Peripheral Nervous System
Video: Cellular slime mold life cycle Animation

For a complete list of videos, visit our video library