Top Posters
Since Sunday
6
A
5
b
4
3
s
3
s
3
L
3
i
3
b
3
d
3
b
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
pduvin pduvin
wrote...
Go to Answer
Posts: 679
Rep: 0 0
5 years ago
Al's Boxes manufactures corrugated boxes. The standard materials allowed for each box is 0.5 kilograms of paper, which has a standard cost of $5 per kilogram. During April 10,000 kilograms were used to manufacture 19,500 boxes. The actual materials cost was $5.25 per kilogram.

Required:
a.   Determine the materials rate variance.
b.   Determine the materials efficiency variance.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 78 times
1 Reply
Replies
Answer verified by a subject expert
MunihasenMunihasen
wrote...
#1
Top Poster
Posts: 685
Rep: 16 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
a.   Rate variance = ($5 - $5.25) × 10,000 = $2,500 unfavourable
b.   Efficiency variance = (10,000 - (19,500 × 0.5)) × $5 = $1,250 unfavourable
1

Related Topics

pduvin Author
wrote...

5 years ago
Just got PERFECT on my quiz
rhockeygirl
wrote...

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

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  224 People Browsing
 186 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Live Chat
Related Images
  
 285
  
 240
  
 258
Your Opinion
What's your favorite coffee beverage?
Votes: 264
Previous poll results: Does a gender wage gap exist in America?