Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
mb83 mb83
wrote...
Go to Answer
Posts: 110
Rep: 0 0
A year ago
Adler Industries uses a standard cost system in which direct material is carried at standard cost. Adler has established the following standards for one unit of product: standard quantity of 8 pounds, standard price $1.80 per pound. During January, Adler purchased 160,000 pounds of direct material at a cost of $304,000 and used 142,500 pounds in production of 18,700 units.

Required:

Calculate the direct materials price variance and indicate whether the variance is favorable or unfavorable.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 66 times
1 Reply
Replies
Answer verified by a subject expert
Ludacris2065Ludacris2065
wrote...
#1
Posts: 120
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mb83 Author
wrote...

A year ago
Smart ... Thanks!
gage
wrote...

Yesterday
This helped my grade so much Perfect
dri
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1257 People Browsing
 127 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 89
  
 360
  
 403
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which 'study break' activity do you find most distracting?