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Super Canned Air Co (SCAC) produces high pressure canned air products. The company expects to pay $7.20 per ounce for their raw materials. SCAC purchased
Super Canned Air Co (SCAC) produces high pressure canned air products. The company expects to pay $7.20 per ounce for their raw materials. SCAC purchased 3,656 ounces of materials during the month of October for $5.40 per ounce. A standard of 1.6 ounces of material is expected to be used for each high pressure canned air product produced. Even though SCAC expected to produce 1,114 finished products, they actually produced 1,074 finished high pressure canned air products during the month of October and used 1,749.40 ounces of raw materials. Round your final answers to the nearest whole dollar. DO NOT enter any symbols, commas, etc. - just digits. Enter a favorable variance as a positive number (no sign needed) Enter an unfavorable variances as a negative number (minus sign in front of the digits) How much is the Price Variance? $ How much is the Quantity Variance? $
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