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Waterway WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2 , 8 0 0 pounds of plastic to use in its dive masks,
Waterway WaterWorks manufactures snorkel gear. During the past month, Washington purchased pounds of plastic to use in its dive masks, at a cost of $ The standard price for the plastic is $ per pound. The company actually used pounds of the plastic to produce dive masks.
Calculate Waterway's direct materials price variance for the month. Round internediate calculations to decimal places, es and final answer to decimal places, eg
Direct material price variance $
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Neither Favorable nor Unfavorable
Current Attempt in Progress
Sheridan Enterprises purchased gallons of direct materials during the year at a price of $ per gallon. Sheridan's direct materials price variance was $ Favorable
Calculate the standard price per gallon of direct materials. Round answer to decimal places, eg
Standard price
$ gal
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