Information about direct materials cost follows for Jennings Chemicals: Required What was the actual purchase price per
Question:
Information about direct materials cost follows for Jennings Chemicals:
Required
What was the actual purchase price per gallon?
Transcribed Image Text:
Standard price per gallon Actual quantity used.... Standard quantity allowed for production Price variance.... ... $56 4,370 gallons 4,400 gallons $17,043 U
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