Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kingbird Corp. purchased 3 , 1 5 0 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to

Kingbird Corp. purchased 3,150 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use 5
pounds of flour, with flour budgeted at $0.45 per pound. The production department used 2,910 pounds of the flour in producing 560
packages of biscuit mix. If the purchasing department paid $1,575.00 for the initial flour purchase, what was the companys DM price
variance?(Round answer to 2 decimal places, e.g.15.25.)
DM price variance

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

Introduction To Emergency Management

Authors: Jane A Bullock, George D Haddow

7th Edition

0128171391, 9780128171394

More Books

Students also viewed these General Management questions

Question

find all matrices A (a) A = 13 (b) A + A = 213

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago

Question

Armed conflicts.

Answered: 1 week ago