Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practitioners Guide To Business Impact Analysis Internal Audit And IT Audit

Authors: Priti Sikdar

1st Edition

036756792X, 978-0367567927

More Books

Students also viewed these Accounting questions