perfect pet color company makes custom leather pet colors.... *** I understand i
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perfect pet color company makes custom leather pet colors....
*** I understand it's a little hard to see my screen. I'm very sorry. I recently dropped my laptop.
Home Exam III XG ?Perfect C21.)Jay CL.M ? ezto.mheducat E]@0%D | .. ? Most Visitedmy utrgv.eduALGEBRALoginSearch every UNTING Exam III instructons T help Question 15 (of 35) Save & ExitSubmit Time remaining: 1:28:53 15. Perfect Pet Collar Company makes custom leather pet collars The company expects each collar to require 1.90 feet of leather and predicts leather will cost $3.30 per foot. Suppose Perfect Pet made 85 collars during February. For these 85 collars, the company actually averaged 2.10 feet of leather per collar and paid $2.80 per foot Required 1. Calculate the standard direct materials cost per unit. (Round your answer to 2 decimal places.) tandard Direct Materials per Collar Macro Il Sc2 1080.30 29.. Chapter 10 test bank o Study NotesExplanation / Answer
Rreq 1: Std quantity allowed for actual output (85 units @1.90): 161.5 Std price per feet: 3.3 Std cost for actual output: (161.50 ft @3.30)= 532.95 req 2: Std price per fet: $ 3.30 per feet Actual price per feet: $ 2.80 per feet Price variance will be Favorable Req 3: Std quantity allowed per unit: 1.90 feet Actual quantty used: 2.10 feet Qauntity variance will be unfavorable Req 4: Actual Quantity used (85 units @2.10): 178.5 Actual prie per feet: 2.8 Material prrice variance= Actual quantity used (Sstd price-Actual price) 178.50 feet (3.30-2.80)= $ 89.25 favorable Material Quantity variance= Sstd price (Std quantity - Actual Quantity) 3.30 (161.50 - 178.50) = $ 56.10 unfavorable
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