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Krumple Inc. produces aluminum cans. Production of 15-ounce cans has a standard unit quantity of 4.6 ounces of aluminum per can. During the month of
Krumple Inc. produces aluminum cans. Production of 15-ounce cans has a standard unit quantity of 4.6 ounces of aluminum per can. During the month of April, 290,000 cans were produced using 1,400,000 ounces of aluminum. The actual cost of aluminum was 50.21 per ounce and the standard price was $0.12 per ounce. There are beginning or ending inventories of aluminum Required: Calculate the total variance for aluminum for the month of April. Enter amount as a positive number and select Favorable or Unfavorable
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