Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Deprecated Deprecated
wrote...
Go to Answer
Posts: 2784
Rep: 104 0
8 years ago
Emerald Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. Emerald uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows:

Direct materials: 4 pounds per unit; $6 per pound
Direct labor: 2 hours per unit; $17 per hour

During the first quarter, Emerald produced 4,000 units of this product. Actual direct materials and direct labor costs were $65,000 and $329,000, respectively.

For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 4,000 units.
A) $16,000
B) $65,000
C) $96,000
D) $24,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 1105 times
4 Replies
Replies
Answer verified by a subject expert
.unplugged..unplugged.
wrote...
#1
Top Poster
Posts: 1272
Rep: 267 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Deprecated Author
wrote...
#2
7 years ago
Thanks!
wrote...
#3
4 years ago
thank you
wrote...
#4
3 years ago
thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1342 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 336
  
 542
  
 413
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Do you believe in global warming?