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333 ^Sherwin Chemicals produces cleansing supplies. With the following Information related to direct materials, what is the direct materials flexible budget variance? Standard ounces per
333
^Sherwin Chemicals produces cleansing supplies. With the following Information related to direct materials, what is the direct materials flexible budget variance?
Standard ounces per unit | 16 oz. |
Standard price per ounce | $0.75 |
Actual quantity used per unit | 20 oz |
. | |
Actual pric | |
e paid for material | $1.00 |
Actual quantity purchased and used | 1,500 oz. |
Quantity variance | $1,500 U |
Number of units produced | 500 |
Select one:
a. $1,875 unfavorable
b. $1,875 favorable
c. $1,125 unfavorable
d. $1,125 favorable
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