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Blossom Industries uses a standard cost system in which direct material is carried at standard cost. Blossom has established the following standards: standard quantity of

Blossom Industries uses a standard cost system in which direct material is carried at standard cost. Blossom has established the following standards: standard quantity of 8 pounds per unit, standard price $1.80 per pound. During January, Blossom purchased 160,500 pounds of direct material at a cost of $305,000 and used 143,000 pounds in production of 18,800 units. Calculate the direct materials quantity variance and indicate whether the variance is favorable or unfavorable. Direct materials quantity variance $ eTextbook and Media LA Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. ACC 2304 Sum....pdf ACC 2304 Sum....pdf Favorable Attempts: 2 of 3 used Submit Answer C A C A C A 1 A Q Ac Q Acc
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Blossom Industries uses a standard cost system in which direct material is carried at standard cost. Blossom has established the following standards: standard quantity of 8 pounds per unit, standard price $1.80 per pound. During January. Blossom purchased 160,500 pounds of direct material at a cost of $305,000 and used 143,000 pounds in production of 18,800 units. Calculate the direct materials quantity variance and indicate whether the variance is favorable or unfavorable. Direct materials quantity variance eTextbook and Media Last saved 1 second ago. Attempts: 2 of 3 used Saved work will be auto-submitted on the due date. Autosubenission can take up to 10 minutes

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