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Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at $4 per pound for each bag of fertilizer. Please sure clear

Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at $4 per pound for each bag of fertilizer.

image text in transcribedPlease sure clear and simple explanation of all calculations that show how to get the answer for number 2.

Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at $4 per pound for each bag of fertilizer 2,000 bags 2,200 bags Planned output Actual output Direct materials used Direct materials purchased Direct material purchase price variance Budget: Actual 11 pounds per bag 28,000 pounds 5,600 unfavorable The standard direct-material cost allowed for actual output achieved is: A. $80,000.00 B. $ 88,000.00 C. $ 96,800.00 D. $ 101,640.00 E. None of the above 1 The purchase price of direct material per pound was: A. $ 4.00 B. 3.80 C. 4.20 D. $ 4.23 2

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