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3 ASAP Swifty Corp. purchased 3,100 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use 5
3 ASAP
Swifty Corp. purchased 3,100 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use 5 pounds of flour, with flour budgeted at $0.50 per pound. The production department used 2.935 pounds of the flour in producing 565 packages of biscuit mix. If the purchasing department paid $1,705.00 for the initial flour purchase, what was Swifty's DM efficiency variance? (Round answer to 2 decimal ploces, e.g. 15.25.) Step by Step Solution
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