Bennett Enterprises purchased 50,000 gallons of direct materials during the year at a price of $2.50 per

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Bennett Enterprises purchased 50,000 gallons of direct materials during the year at a price of $2.50 per gallon.

Bennett's direct materials price variance was $5,000 F.

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Calculate the standard price per gallon of direct materials.

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Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: Feb 21, 2014 03:40 AM

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Bennett Enterprises purchased 50,000 gallons of direct materials during the year at a price of $2.50 per

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Managerial Accounting

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