Question
Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (flour is a
Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (flour is a direct material for cupcakes and butter is a direct material for cookies):
Flour (Direct Materials) Cupcakes | Butter (Direct Materials) Cookies | |
Standard quantity per batch | 44 lbs. | 33 lbs. |
Standard Price (SP) per pound | $ 0.40$0.40/lb. | ? |
Actual quantity purchased (AQP) and used per batch (pounds) | ? | 44 lbs. |
Actual Price (AP) paid | 0.70.7/lb. | $ 4.32$4.32/lb. |
Price variance | $ 240$240 U | $ 1 comma 100$1,100 U |
Quantity variance | ? | ? |
Flexible budget variance | ? | $ 3 comma 200$3,200 U |
Number of batches produced | 360360 | 550550 |
The actual direct material quantity used per batch for Cupcakes may be closest to?
A. 2472,247
lbs.
B.
0.50.5
lbs.
C.
2.22.2
lbs.
D.
0.60.6
lb.
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