Question
Marigold Enterprises purchased 60,000 gallons of direct materials during the year at a price of $3.00 per gallon. Marigold's direct materials price variance was $2,400Favorable.
Marigold Enterprises purchased 60,000 gallons of direct materials during the year at a price of $3.00 per gallon. Marigold's direct materials price variance was $2,400Favorable.
Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, e.g. 15.25.)
Standard price
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Fundamentals Of Strategy
Authors: Gerry Johnson, Kevan Scholes, Richard Whittington
2nd Edition
0273713108, 9780273713104
