Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is O $665 U. O $1400 U. O $135 F. O$800 U.Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750 pounds ofmaterials at a total cost of $37335. Sheffield's materials quantity variance isO $665 UO $1400 UO $135 FO $800 UShow Transcribed Text

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Description: Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is O $665 U. O $1400 U. O $135 F. O$800

Direct material quantity variance :— It is the difference between standard direct material cost for…

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Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750 pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is O $665 U. O $1400 U. O $135 F. O $800 U. 3 Ĉ Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750 pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is

Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750 pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is O $665 U. O $1400 U. O $135 F. O $800 U. 3 Ĉ Sheffield has a standard of 1.5 pounds of materials per unit, at $8 per pound. In producing 3100 units, Sheffield used 4750 pounds of materials at a total cost of $37335. Sheffield's materials quantity variance is

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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