Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50
Question:
Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. If 2,500 units required 10,600 gallons, which were purchased at $23.75 per gallon, what is the direct materials
(a) Price variance
(b) Quantity variance
(c) Cost variance
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a Direct materials price 7950 2375 2450 10600 gal variance ...View the full answer
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