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April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 70,000 feet of raw material for
April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 70,000 feet of raw material for $420,000, and it takes 6 feet of raw materials to produce one park bench. In August, the company produced 10,000 park benches. The standard cost for material output was 5120,000, and there was an unfavorable direct materials quantity variance of $5,000. A. What is April Industries' standard price for one unit of material? B. What was the total number of units of material used to produce the August Output? C. What was the direct materials price variance for August? Andries is a standard couples the manding of isoleret ark bench. They use 0.000 feet it out for 20.000, and the followed to be trust the Bred 10.000 park benches. The standard con for materie 120.000,nd the newest 15.000 A. What is rendre de material Act 60.000 X Wat was the direction for red material price race 46,000 x indverall
April Industries employs a standard costing system in the manufacturing of its sole product, a park bench. They purchased 70,000 feet of raw material for $420,000, and it takes 6 feet of raw materials to produce one park bench. In August, the
company produced 10,000 park benches. The standard cost for material output was 5120,000, and there was an unfavorable direct materials quantity variance of $5,000.
A. What is April Industries' standard price for one unit of material?
B. What was the total number of units of material used to produce the August Output?
C. What was the direct materials price variance for August?
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