Bava Inc. produces plastic containers. Production of 120-gram containers has a standard unit quantity of 25 grams

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Bava Inc. produces plastic containers. Production of 120-gram containers has a standard unit quantity of 25 grams of plastic per container. During the month of April, 300,000 containers were produced using 6,500,000 grams of plastic. The actual cost of plastic was $0.10 per gram and the standard price was $0.08 per gram. There are no beginning or ending inventories of plastic.
Required:
Calculate the total variance for plastic for the month of April.
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Cornerstones of Managerial Accounting

ISBN: 978-0176530884

2nd Canadian edition

Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman

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