If there were 60,000 pounds of raw materials on hand on January 1, 140,000 pounds are desired for inventory at January 31, and 610000 pounds are required for Januarys production, how many pounds of raw materials should be purchased in January?

Bramble Corp. prepared a 2016 budget for 180,000 units of product. Actual production in 2016 was 205,000 units. To be most useful, what amounts should a performance report for this company compare?

A company developed the following per unit standards for its product; 2 pounds of direct materials at eight dollars per pound. Last month 2500 pounds of direct materials were purchased for $9500. The direct materials price variance for last month was

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