Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bluebird Bakery produces bread sticks and uses a standard cost accounting system. The primary direct material is flour. Here are data regarding Bluebird's production activity

Bluebird Bakery produces bread sticks and uses a standard cost accounting system. The primary direct material is flour. Here are data regarding Bluebird's production activity for the month of May:

Standard quantity of flour per batch - 100 pounds

Standard price per pound of flour - $1.20 per pound

Actual price paid for flour - $1.35 per pound

Actual quantity of flour purchased and used - 5,000 pounds

Spending variance for flour - $5,700 favorable

What is the direct material quantity variance for flour?

A. $7,650 unfavorable B. $5250 unfavorable C. $4950 favorable D. $6,450 favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An Introduction

Authors: Mr Barry Elliott, Mr Augustine Benedict

2nd Edition

0273737651, 9780273737650

Students also viewed these Accounting questions