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A company produces bottles of flavored apple cider. The standard materials cost for each bottle is 8 ounces of apple juice with a standard price

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A company produces bottles of flavored apple cider. The standard materials cost for each bottle is 8 ounces of apple juice with a standard price of 50.20 per ounce. In October the firm produced 50,000 bottles of flavored cider. In October. 500,000 ounces of juice were purchased at a cost of 50.25 per ounce and 420,000 ounces were used for production. The materials price variance for the month of October is: $5,000 unfavorable $25,000 unfavorable $ 4,000 unfavorable. $21,000 unfavorable. QUESTION 10 Wild Inc. sells organic sunscreen at the beach. Each tube of sunscreen costs $3.00 to purchase, and sells for $11.00. Wild inc also pays its sales staff a $0.50 commission for every tube that is sold. If sales are 16,000 tubes of sunscreen, the contribution margin income statement would show a total contribution margin $120,000 5176,000 $48,000 $120,000 QUESTION 11 Depreciation on an asset such as equipment is an example an: differential cost opportunity cost future cost sunk cost Click Save and Submit to me and subent. Click Save All Asier to swallons

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