Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses...
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Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.70 cup of pure semolina flour. They buy 3,900 cups of flour at $0.55 per cup. They use 3,347.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.53. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. -66.94 X Unfavorable Direct materials price variance Direct materials quantity variance $ 6.63 Favorable Total direct materials cost variance $ -60.32 X Unfavorable B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals. 0.37 X Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.70 cup of pure semolina flour. They buy 3,900 cups of flour at $0.55 per cup. They use 3,347.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.53. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. -66.94 X Unfavorable Direct materials price variance Direct materials quantity variance $ 6.63 Favorable Total direct materials cost variance $ -60.32 X Unfavorable B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals. 0.37 X
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