Douglas Corporation reports the following standards for direct materials for 200

Question

Douglas Corporation reports the following standards for direct materials for 2009: Standard cost per pound Standard amount per firished good $%80 16 pounds During 2009, 320,000 firished goods were produced. The direct materials price variance was $3,200 unfavorable. The direct materials flexible budget variance was $800 favorable. Calculate the following items regarding direct materials for Douglas Corporation for 2009: a) direct materials efficiency variance b) standard quantity of direct materials for actual production c) actual pounds of direct materials used

Explanation / Answer

a Direct materials efficiency variance = 3200+800 =$4000 favorable b Standard quantity for actual production = 320000*16= 5120000 c Actual pounds used = 5120000-(4000/80)= 5119950

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

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