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20 and 21 please Question 20 4.5 pts Stone Slab Creamery has a direct material standard of using 2 gallons of whole milk at a
20 and 21 please
Question 20 4.5 pts Stone Slab Creamery has a direct material standard of using 2 gallons of whole milk at a standard cost of $7.50 per gallon to produce one pound of butter. During June, the company purchased and used 6,700 gallons of whole milk costing $46,600. If 3,300 pounds of butter were produced, what is the direct materials quantity variance? 0 $750 unfavorable $1,500 unfavorable O $25,500 favorable O $3,650 favorable Question 21 4.5 pts Richmar Company produces roasted coffee beans, packaged in ten-pound bags. Budgeted sales.. beginning inventory, and ending inventory (number of ten pound bags) for the next four quarters are: Sales Beginning Inventory Ending Inventory Quarter 1 20,000 5,000 4,500 Quarter 2 15,000 4,500 7,500 Quarter 3 25,000 7,500 4,800 Quarter 4 16,000 4,800 6,000 Budgeted production for Quarter 2 is 18,000 O 14,100 O 17,400 0 16,500 Step by Step Solution
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