This topic contains a solution. Click here to go to the answer

Author Question: Grayson Industries has collected the following data for one of its products:Direct materials ... (Read 90 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stevenposner on Jan 5, 2020

mmpiza

  • Sr. Member
  • ****
  • Posts: 354
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 64% of students answer this correctly




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library