Question
Bonita Enterprises purchased 54,000 gallons of direct materials during the year at a price of $2.00 per gallon. Bonita's direct materials price variance was $5,400
Bonita Enterprises purchased 54,000 gallons of direct materials during the year at a price of $2.00 per gallon. Bonita's direct materials price variance was $5,400 Favorable. Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, e.g. 15.25.)
Standard price: FILL IN
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
