Exercise 8-11ADetermining materials price and usage variances

Monique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow.

Standard Actual Average number of roses per arrangement 8.0 8.25 Price per rose x $0.50 x $0.48 Cost of roses per arrangement $4.00 $3.96Standard Actual Quantity of materials per gallon 12 ounces 13 ounces Price per ounce x $0.75 * $0.70 Cost per gallon $9.00 $9.10