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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Lightin' Slow Co. has developed a new puzzle called the Brainbuster. The company has a standard cost system to help control costs and has established the following standards for the Brainbuster. Direct Materials: 8 diodes per puzzle at $0.30 per diode During a very mild August in Atlanta, Lightnin' Slow Co. actually produced 5,000 Brainbuster puzzles. These 5,000 puzzles used 50,000 diodes at an actual cost $0.28 per diode. All 50,000 diodes were used and there was no ending inventory. Required: Compute the Direct materials price and quantity variances. Use the back of your answer sheet.
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