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Author Question: Goodard Inc. planned to use $155 of material per unit but actually used $147 of material per unit, ... (Read 88 times)

RODY.ELKHALIL

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Question 1

Goodard Inc. planned to use $153 of material per unit but actually used $140 of material per unit, and planned to make 1,100 units but actually made 940 units.

The flexible-budget amount for materials is ________.
◦ $168,300
◦ $143,820
◦ $154,000
◦ $131,600

Question 2

Goodard Inc. planned to use $155 of material per unit but actually used $147 of material per unit, and planned to make 1,110 units but actually made 1,000 units.

The sales-volume variance for materials is ________.
◦ $8,000 favorable
◦ $16,170 unfavorable
◦ $17,050 unfavorable
◦ $8,000 unfavorable


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Marked as best answer by RODY.ELKHALIL on Mar 6, 2021

s.meritte

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RODY.ELKHALIL

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


nyrave

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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