Top Posters
Since Sunday
14
s
5
j
4
s
4
C
3
W
3
a
3
H
3
s
3
a
3
o
3
K
3
New Topic  
kuttin kuttin
wrote...
Posts: 63
Rep: 0 0
2 months ago
Holly Industries manufactures artificial holiday wreaths. Its most popular wreath requires 3 yards of artificial pine boughs and 15 sprigs of holly berries. In August, the company purchased 4,000 yards of artificial pine bough, and 20,000 sprigs of holly berries. Holly paid $2.65 per yard for the artificial pine bough and purchased 4 boxes of holly berries for $7,000 per box, each box containing 5,000 sprigs. The standard price for artificial pine bough is $2.60 per yard, and the standard price per sprig of holly berry is $1.45. During August, Holly produced 1,250 wreaths and used 3,625 yards of artificial pine bough and 19,000 sprigs of holly berries. What is Holly's direct materials quantity variance for artificial pine boughs for August?

▸ $200 favorable

▸ $325 favorable

▸ $325 unfavorable

▸ $200 unfavorable
Textbook 

Managerial Accounting


Edition: 4th
Author:
Read 3 times
1 Reply
Replies
Answer verified by a subject expert
hemmatmahdi12hemmatmahdi12
wrote...
Posts: 76
Rep: 0 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$325 favorable

[(3 × 1,250) - 3,625] × $2.60 = $325 favorable
1

Related Topics

kuttin Author
wrote...

2 months ago
Thanks for your help!!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  355 People Browsing
 349 Signed Up Today
Related Images
  
 228
  
 134
  
 70
Your Opinion
Do you believe in global warming?
Votes: 349