Question
In: Accounting
An unfavorable materials price variance could be resulted from: purchases made with a discount price. an...
An unfavorable materials price variance could be resulted from:
purchases made with a discount price.
an increased wage of workers.
poor-trained workers.
an unexpected increase in the purchase prices of raw materials.
Solutions
Expert Solution
Answer- An unfavorable materials price variance could be resulted from = an unexpected increase in the purchase prices of raw materials.
Explanation- An unexpected increase in the purchase prices of raw materials caused by a special price offered by suppliers (ie- unexpected increase in the purchase prices of raw materials)
ekkarill92 answered 2 years agoRelated Solutions
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C.Factory Depreciation on machinery used to cut wood
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Scooter's Inc
Summary of Standard Costs
Summary of Standard Costs
Deluxe
Beginner
Assembly kit per scooter
$
400
$ 200
Direct labor hours per scooter
3
1
Direct labor rate per hour
$
25
$
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Variable overhead rate per scooter
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2017
2018...
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Guillermo's Oil and Lube had 900 oil changes.
Guillermo's Oil and Lube Company provided the following
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Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube...
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Guillermo's Oil and Lube Company is a service company that
offers oil changes and lubrication for automobiles and light
trucks. On average, Guillermo has found that a typical oil change
takes 30 minutes and 6.4 quarts of oil are used. In June,
Guillermo's Oil and Lube had 920 oil changes.
Guillermo's Oil and Lube Company provided the following
information for the production of oil changes during the month...
Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube...
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Materials Usage Variance
Guillermo's Oil and Lube Company is a service company that
offers oil changes and lubrication for automobiles and light
trucks. On average, Guillermo has found that a typical oil change
takes 23 minutes and 6.8 quarts of oil are used. In June,
Guillermo's Oil and Lube had 920 oil changes.
Guillermo's Oil and Lube Company provided the following
information for the production of oil changes during the month...
ornerstone Exercise 9.2 (Algorithmic) Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance...
ornerstone Exercise 9.2 (Algorithmic)
Calculating the Direct Materials Price Variance and the Direct
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Guillermo's Oil and Lube Company is a service company that
offers oil changes and lubrication for automobiles and light
trucks. On average, Guillermo has found that a typical oil change
takes 22 minutes and 6.6 quarts of oil are used. In June,
Guillermo's Oil and Lube had 900 oil changes.
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information for the production of oil...
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