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  3. 2. nash corp. purchased 3,050 pounds of flour i

2. Nash Corp. purchased 3,050 pounds of flour in preparation for making...

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Accounting

2.
Nash Corp. purchased 3,050 pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use 5 pounds of flour, with flour budgeted at .45 per pound. The production department used 2,875 pounds of the flour in producing 555 packages of biscuit mix. If the purchasing department paid $1,525.00 for the initial flour purchase, what was Nash's DM efficiency variance? DM efficiency variance $ __________ Is it favorable, unfavorable, or neither favorable nor unfavorable?

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