Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In June, Wildhorse Manufacturing purchased 7100 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.21 and the
In June, Wildhorse Manufacturing purchased 7100 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.21 and the company used 6500 gallons of the dye during the month. The standard price for the dye is $1.24. What is the materials price variance for Wildhorse for June? $213 unfavorable $195 favorable $195 unfavorable O $213 favorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started