BoxRUS (BRU) produces oblong box products. The company expects to pay $12.20 per kilogram for...
70.2K
Verified Solution
Link Copied!
Question
Accounting
BoxRUS (BRU) produces oblong box products. The company expects to pay $12.20 per kilogram for their raw materials. BRU purchased 4,086 kilograms of materials during the month of March for $11.00 per kilogram. A standard of 2.50 kilograms of material is expected to be used for each oblong box product produced. Even though BRU expected to produce 943 finished products, they actually produced 886 finished oblong box products during the month of March and used 2,192. O kilograms of raw materials. Round your final answers to the nearest whole dollar/input code 0 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? $
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!