Question
Hi. Can sombody show me how to get this numbers, step by step? I do not neea an answer, I need an explenatin. Thank you.
Hi. Can sombody show me how to get this numbers, step by step? I do not neea an answer, I need an explenatin. Thank you.
Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at $4 per pound for each bag of fertilizer.
Budget: Planned output 2,000 bags
Actual Actual output 2,200 bags
Direct materials used 11 pounds per bag
Direct materials purchased 28,000 pounds
Direct material purchase price variance 5,600 $ unfavorable
1 The standard direct-material cost allowed for actual output achieved is:
$ B. 88,000.00
2 The purchase price of direct material per pound was:
C. 4.20
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