Question
Burte Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. (Round price to 2 decimal places, e.g. 2.75.)
Burte Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. (Round price to 2 decimal places, e.g. 2.75.)
| BURTE CORPORATION Variance ReportPurchasing Department For Week Ended January 9, 2014 | ||||||||||||
| Type of Materials | Quantity Purchased | Actual Price | Standard Price | Price Variance | Explanation | |||||||
| Rogue11 | ? | lbs. | $5.22 | $5.02 | $5,420 | F or U? | Price increase | |||||
| Storm17 | 7,000 | oz. | $ ? | $3.25 | $840 | U | Rush order | |||||
| Beast29 | 21,000 | units | $0.42 | $______ | $1,050 | F | Bought larger quantity | |||||
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Management Accounting For Financial Decisions
Authors: Keith Ward ,Sri Srikanthan ,Richard Neal
1st Edition
0750600675, 978-0750600675
