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Bonita Company uses a standard cost accounting system. In 2 0 2 2 , the company produced 2 8 , 1 0 0 units. Each
Bonita Company uses a standard cost accounting system. In the company produced units. Each unit took several pounds of direct materials and standard hours of direct labor at a standard hourly rate of $ Normal capacity was direct labor hours. During the year, pounds of raw materials were purchased at $ per pound. All materials purchased were used during the year. a Your answer is correct. If the materials price variance was $ favorable, what was the standard materials price per pound? Round answer to decimal places, eg Standard materials price per pound $ eTextbook and Media Attempts: of used b If the materials quantity variance was $ unfavorable, what was the stand materials Standard materials quantity per unit pounds eTextbook and Media Attempts: of used c The parts of this question must be completed in order. This part will be available when you complete the part above.
Bonita Company uses a standard cost accounting system. In the company produced units. Each unit took several pounds
of direct materials and standard hours of direct labor at a standard hourly rate of $ Normal capacity was direct labor
hours. During the year, pounds of raw materials were purchased at $ per pound. All materials purchased were used
during the year.
a
Your answer is correct.
If the materials price variance was $ favorable, what was the standard materials price per pound? Round answer to decimal
places, eg
Standard materials price per pound $
eTextbook and Media
Attempts: of used
b
If the materials quantity variance was $ unfavorable, what was the stand materials
Standard materials quantity per unit
pounds
eTextbook and Media
Attempts: of used
c
The parts of this question must be completed in order. This part will be available when you complete the part above.
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