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how to figure out units produced equation Paste BIU A E Merge & Center S % , Format Pairter Conditional Format as Cell Insert Delete

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Paste BIU A E Merge & Center S % , Format Pairter Conditional Format as Cell Insert Delete Forms Formatting Table Styles Styles Clipboard Font Alignment Number Cells 812 A B C D F G H K Materials Variances. Sweets Company produces boxes of chocolate. Sweets purchased 4,000 pounds of chocolate during the month of April for $4.80 per pound. A standard of 2 pounds of material is expected to be used for each box produced, at a cost of $5 per pound. Sweets produced 1,000 boxes of chocolate during the month of April and used 2,200 pounds of chocolate. 2 Required: 3 Calculate the materials price variance for the month of April 4 Calculate the materials quantity variance for the month of April. 5 6 7 STD Actual Materials Price DM 2.00 #s per unit Actual Quantity Purchased Actual Price Standard Price ) Variance 8 4.80 IS per 4,000#Purchased 5.00 4,000.00 x 4.80 5.00 10 4,000.00 (0.20) 11 2,200 Used (800.00) Favorable 12 Sper Unit Materials Quantity Units Prod Standard Price Actual Quantity Used Standard Quantity) X Variance 13 14 18

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