Question
Cooper Company has a direct material standard of 2 gallons of input at a cost of $10.50 per gallon. During July, Cooper Company purchased and
Cooper Company has a direct material standard of 2 gallons of input at a cost of $10.50 per gallon. During July, Cooper Company purchased and used 6,650 gallons, paying $46,700. The direct materials quantity variance was $735 unfavorable. How many units were produced?
Scarlett Company has a direct material standard of 3 gallons of input at a cost of $6 per gallon. During July, Scarlett Company purchased and used 7,520 gallons. The direct material quantity variance was $660 unfavorable and the direct material price variance was $6,016 favorable. What price per gallon was paid for the purchases?
Cooper Company has a direct material standard of 2 gallons of input at a cost of $10.50 per gallon. During July, Cooper Company purchased and used 6,650 gallons, paying $46,700. The direct materials quantity variance was $735 unfavorable. How many units were produced? 6,650 units 3197 units 3.290 units O 3,390 unitsStep by Step Solution
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