Exercise 223 Fill in the appropriate amounts in the following Adam Corporation variance report. (Round actual and standard price to 2 decimal places, e.g. 52.75.) ADAM CORPORATION Variance Report-Purchasing Department for Week Ended January 9, 2016 Type of Quantity Actual Price Standard Price Price Variance Explanation Brown Green White $5.25 $5.00 $6,000 Price increase Rush order Bought larger quantity 8,000 oz 3.25 1,600 Unfavorable 22,000 units $0.45 660 Favorable Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 0 of 1 used