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3. Lata Inc. produces aluminum cans. Production of 12 -ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can. During the

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3. Lata Inc. produces aluminum cans. Production of 12 -ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can. During the month of April, 300,000 cans were produced using 1,250,000 ounces of aluminum. The actual cost of aluminum was $0.09 per ounce and the standard price was $0.08 per ounce. There are no beginning or ending inventories of aluminum. Calculate the actual costs for aluminum for the month of April. 4. Lata Inc. produces aluminum cans. Production of 12 -ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can. During the month of April, 300,000 cans were produced using 1,250,000 ounces of aluminum. The actual cost of aluminum was $0.09 per ounce and the standard price was $0.08 per ounce. There are no beginning or ending inventories of aluminum. Calculate the budgeted costs for aluminum for the month of April. 5. Lata Inc. produces aluminum cans. Production of 12 -ounce cans has a standard unit quantity of 4.5 ounces of aluminum per can. During the month of April, 300,000 cans were produced using 1,250,000 ounces of aluminum. The actual cost of aluminum was $0.09 per ounce and the standard price was $0.08 per ounce. There are no beginning or ending inventories of aluminum. Calculate the total variance for aluminum for the month of April. (Amount and favorable/unfavorable)

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