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accounting A partial standard cost card for Gourmet Biscuits from Stella's Bakery is below: Standard Cost Standard Standard Quantity Element Price Cost Direct 2 pounds
accounting
A partial standard cost card for Gourmet Biscuits from Stella's Bakery is below: Standard Cost Standard Standard Quantity Element Price Cost Direct 2 pounds Material $5 $10 The company expected to produce 10,000 Dog Biscuits in 2020. Actual results for 2020 are as follows: 9,000 Dog Biscuits produced. Actual direct materials purchased and used during the year cost $152,000 for 19,000 pounds. What is the total direct material price variance for Gourmet Biscuits? Enter a positive number for an unfavorable variance and a negative number for a favorable variance Step by Step Solution
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