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Exercise 8-11A Determining materials price and usage variances Monique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs

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.

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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

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