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

Author Question: Hewlitt Company has gathered the following information about its purchase and use of raw materials ... (Read 141 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Bob-Dole on Jan 5, 2020

Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
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.
Answer Preview
Only 55% of students answer this correctly


Bob-Dole

  • Member
  • Posts: 547
Reply 2 on: Jan 5, 2020
Excellent

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Molecular mechanisms that convey positional information. Molecular mechanisms that convey positional information.
Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ... Nine labels used to identify hazardous materials in the Global Harmonization System (GHS). Top row: ...
The science-based DRIs serve as the basis for information The science-based DRIs serve as the basis for information
Milk Label Containing Information about the Use of rBGH Milk Label Containing Information about the Use of rBGH
The five skills of the element Collection of Information The five skills of the element Collection of Information
Simplified diagram of information flow (the central dogma) from DNA to RNA Simplified diagram of information flow (the central dogma) from DNA to RNA
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library