Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 4.00

Cabot Company

Cabot Company collected the following data regarding production of one of its products. Compute the direct materials price variance. Direct Materials Standard (6ls\bs. @S2/lb.) $12 finished unit; Actual direct materials used 243,00lbs; Actual finished units produced 40,000 units; Actual cost of direct materials used $483,570. The answers I have are: a. $2,430 unfavorable. b. $3,570 unfavorable. c. $2,430 favorable. d. $6,000 unfavorable. e. $3,570 favorable.

Answers

(5)
Status NEW Posted 13 Aug 2017 09:08 AM My Price 4.00

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