A company has the following standards for manufacturing one…

A company has the following standards for manufacturing one unit of its product:•Direct Materials: 60 pounds at $1.50 per pound•Direct Labor: 3 hours at $12 per hour During May, the company had budgeted to produce 1,800 units of its product, but actually only produced 1,650 units.  The following data relate to actual outcomes from May:•The company purchased 114,000 pounds of materials for $188,100. They used all 114,000 pounds of materials in production.•Total direct labor cost amounted to $56,265 for the 5,115 direct labor hours incurred during May. What is the company’s direct materials quantity variance for May?

Calculate the concentration of bicarbonate ion, HCO3-, in a…

Calculate the concentration of bicarbonate ion, HCO3-, in a 0.030 M H2CO3 solution that has the stepwise dissociation constants Ka1 = 4.3 × 10-7 and Ka2 = 5.6 × 10-11.   For the last few problems, partial credit is available if you email me your work immediately after submission.

Suppose a company uses process costing. For the month of Aug…

Suppose a company uses process costing. For the month of August, Department A has zero units in beginning work in process inventory. During August, 300 units of the company’s product are started by Department A. At the end of August, 200 of the units were completed and transferred to Department B; the other 100 units were fully processed with respect to direct materials and were, on average, 30% processed for conversion costs. During August, Department A incurred direct materials costs of $27,000, and conversion costs of $57,500. For Department A, what is the total amount of cost assigned to the units that were in ending work in process inventory at the end of August?

John’s Golf Club Corporation produces golf clubs.  In July,…

John’s Golf Club Corporation produces golf clubs.  In July, it expected that the cost of direct materials would amount to $75 for each set of golf clubs produced.  Although the company had expected to produce 13,000 sets of golf clubs during July, the company actually only produced 12,350 sets of golf clubs.  The actual cost of direct materials per set of golf clubs amounted to $78. What is the flexible budget variance for direct materials?