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Page 0 Staknd Costg and Varame Aayas Page In Class Exercise 9-2 (LO 9-3) Happy Dout's standard cost eard for mix-in ingredients fallows. Standard PriceStandard
Page 0 Staknd Costg and Varame Aayas Page In Class Exercise 9-2 (LO 9-3) Happy Dout's standard cost eard for mix-in ingredients fallows. Standard PriceStandard Unit Cost Direct Costs Standard Quantity Mix-in Ingrodients $0 20 per oz $0.60 Actual results were as follows. Prodiced and sold 20,000 units. Purchased and used 64,000 ounces of mix-in ingredients at a total cost of S15,360 (S0.24 pe Calculate the following variances and label them as favorable (F) or unfavorable (U: Direct materials price variance. Direct materials quantity variance 2. 3. Direet materials speuding variance
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