QUESTION 13 Arrow Industries employs a standard cost system in which direct mate

Question

QUESTION 13 Arrow Industries employs a standard cost system in which direct materials inventory is carred at standard cost Arrow Arrow has established the following standards for the prime costs of one unit of product. Standard Price Standard Cost Direct Materials8pounds S1.80 per pound14.40 25 hour $8.00 per hour2.00 Direct Labor During November. Arrow purchased 160,000 podnds of direct materials at a total cost of $304,000. The tetal factory wages for November were $42,000, 90% of which were for direct labor. Arrow manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. What is the direct materials efficiency (quantity) variance for November? $14,250 O $14,400 $16.000 $17,100 Some other answer QUESTION 14 subcomponents a yeac in er Corp curr one of its factornies. The unit costs to produc ar

Explanation / Answer

Direct material efficiency variance = SP*(AQ-SQ)=$1.8*(142500-19000*8)=17100 F

Correct option is fourth one.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.