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

Author Question: If you know the total dollar amount of direct materials purchased but not the actual unit price, ... (Read 24 times)

gjjjjjdkkkkk3k3k33k

  • Full Member
  • ***
  • Posts: 146
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by gjjjjjdkkkkk3k3k33k on Feb 5, 2023

wangyichun

  • Full Member
  • ***
  • Posts: 179
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 56% of students answer this correctly


gjjjjjdkkkkk3k3k33k

  • Member
  • Posts: 146
Reply 2 on: Feb 5, 2023
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

A Motor Unit A Motor Unit
Aquamatic pad and heating unit provide dry heat treatment to a patient’s arm. Aquamatic pad and heating unit provide dry heat treatment to a patient’s arm.
The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ... The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ...
To measure engine oil pressure, remove the oil pressure sending (sender) unit usually located near ... To measure engine oil pressure, remove the oil pressure sending (sender) unit usually located near ...
This five-wire mass air flow sensor consists of a metal foil sensing unit, an intake air temperature ... This five-wire mass air flow sensor consists of a metal foil sensing unit, an intake air temperature ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Griffith's experiments

For a complete list of videos, visit our video library