Question 47
During September, 40,000 units were produced. The standard quantity of material allowed per unit was 5 pounds at a standard cost of $2.50 per pound. If there was a favorable usage variance of $25,000 for September, the actual quantity of materials used must have been
210,000 pounds.
190,000 pounds.
105,000 pounds.
95,000 pounds.

Question 48
Zipp Company manufactures two products (X and Y). The overhead costs ($84,000) have been divided into three cost pools that use the following activity drivers:

Product Number of Setups Machine Hours Packing Orders
X 10 500 75
Y 10 2,000 175

Cost per pool $9,000 $60,000 $15,000

What is the allocation rate per packing order using activity-based costing?
$15,000
$60
$7,500
$200

Question 49 If a support department's costs were budgeted to be $150,000 and actual costs incurred by the support department were $200,000, the total amount of the support department's costs that should be allocated to other departments is
$350,000.
$200,000.
$150,000.
$50,000.

Solution Summary

The solution computes material quantity variance, activity cost for a given scenario.

Diamond Company produces a chair that requires 5 yds. of material per unit. The standard price of one yard of material is $7.50. During the month, 8,500 chairs were manufactured, using 43,700 yards at a cost of $7.60. Determine the (a) price variance, (b) quantityvariance, and (c) cost variance.

68. Given the cost formula Y = $12,000 + $6X, total cost at an activity level of 8,000 units would be:
A) $20,000. C) $12,000.
B) $60,000. D) $48,000.
69. The following materials standards have been established for a particular product:
Standard quantity per unit of output 1.7 meters
Standard price $19.80 per m

This question is on variance analysis in managerial/cost accounting. More specifically, it asks for calculations of direct material price variance, direct material efficiency/usage variance, the flexible budget variance, and determining whether the variances are favorable or unfavorable.

Standard and actual costs for direct materials for the manufacture of 1,000 units of product were as follows:
Actual costs 1,550 lbs. @ $9.10
Standard costs 1,600 lbs. @ $9.00
Determine the (a) quantityvariance, (b) price variance, and (c) total direct materials cost variance.

Please see the attached file.
Based upon the following/attached information please explain why the related answer to the direct material variances are favorable and unfavorable. The formula and math related to direct material is easy, but I do not understand why the answer is favorable versus unfavorable. Please explain in

In October, 5,000 meters of raw material were purchased at an actual cost of $4.50 per meter. During October, 4,850 meters of the raw material were used to produce 2,400 units of the completed product. Standards call for 2 meters of the raw material for each unit of the completed product. The standard price of the raw material i

Question 6
Buerhle Company purchased (at a cost of $11,500) and used 2,350 pounds of materials during May. Buerhle's standard cost of materials per unit produced is based on 2 pounds per unit at a cost $5 per pound. Production in May was 1,100 units.
Compute the total, price, and quantity variances for materials.
Total m

Below is a question in which I found the answers for #1 a&b however I'm confused on how to determine requirement 2 the material price variance and materialquantity variance. I seem to be calculating the wrong figures Thanks for your help
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company