Question
Clark Landscaping produces faux boulders to be used in various landscaping applications. A special resin is used to make the boulders. The standard quantity of
Clark Landscaping produces faux boulders to be used in various landscaping applications. A special resin is used to make the boulders. The standard quantity of resin used for each boulder is 2 pounds. Clark uses a standard cost of $1.50 per pound for the resin. The company produced 6,750 boulders in June. In that month, 12,500 pounds of resin were purchased at a total cost of $22,000. A total of 12,250 pounds were used in producing the boulders in June. Part 1: Word Bank for Fill-in-the-Blank DM price variance formula: Part 2: Word Bank for Fill-in-the-Blank DM quantity variance formula: Please refrain from partially answering the question, and please label which part of the question you are answering so that I may follow along. Thank you!
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