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FreshFruitDrinkCompanyplannedtomake200,000containersofapplejuice.Itexpectedtousetwocupsoffrozenappleconcentratetomakeeachcontainerofjuice.Thestandardpriceofonecupofappleconcentrateis$0.25.FreshFruitactuallypaid$110,168.10topurchase408,030cupsofconcentrate,whichwasusedtomake201,000containersofapplejuice. 1.Computethematerialspricevariance. 2. Compute the materials usage variance.
- FreshFruitDrinkCompanyplannedtomake200,000containersofapplejuice.Itexpectedtousetwocupsoffrozenappleconcentratetomakeeachcontainerofjuice.Thestandardpriceofonecupofappleconcentrateis$0.25.FreshFruitactuallypaid$110,168.10topurchase408,030cupsofconcentrate,whichwasusedtomake201,000containersofapplejuice.
- 1.Computethematerialspricevariance.
- 2. Compute the materials usage variance.
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