Register
During the month of January, 1,000 pounds of materials were purchased at a cost of $95 per pound. If there was a favorable direct materials price variance of $10,000, the standard cost per pound must be
139k views
1 vote
During the month of January, 1,000 pounds of materials were purchased at a cost of $95 per pound. If there was a favorable direct materials price variance of $10,000, the standard cost per pound must be _______________________.

User Jeff Mikels
by
5.4k points

1 Answer

4 votes

The average price is $100 per pound

User Lula
by
6.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.8m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!