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Lilac Corporation uses standard costing. The following data are available for April: Correct answer is (D). 12,462.50 Show me how you got there with clear

Lilac Corporation uses standard costing. The following data are available for April:

Correct answer is (D). 12,462.50 Show me how you got there with clear calculations. Keep it simple. Do not make it more complicated than it already is.

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Lilac Corporation uses standard costing. The following data are available for April: Actual quantity of direct materials purchased and used Standard price of direct materials Actual purchase price of direct materials Materials price variance Materials spending variance 2,200 gallons $4.00 per gallon $4.25 per gallon $3,050 unfavorable $2,000 unfavorable 6 The standard quantity of material allowed for April production is: A. 11482.35 gallons B. 51,850.00 gallons c. 11,700.00 gallons D. 12,462.50 gallons E. None of the above

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