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Concord Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. CONCORD CORPORATION Variance ReportPurchasing Department For Week Ended
Concord Corporation prepared the following variance report. Fill in the missing amounts or letters in the report.
CONCORD CORPORATION Variance ReportPurchasing Department For Week Ended January 9, 2020 | ||||||||||||
Type of Materials | Quantity Purchased | Actual Price | Standard Price | Price Variance | Explanation | |||||||
Rogue11 | ______ | lbs. | $5.25 | $4.95 | $8,670 | Unfavorable | Price increase | |||||
Storm17 | 4,100 | oz. | $ ____ | $3.25 | $615 | Unfavorable | Rush order | |||||
Beast29 | 25,000 | units | $0.35 | $ ______ | $500 | Favorable | Bought a larger quantity |
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