Urban Corporation prepared the following variance report. Fill in the missing amounts or letters in...
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Urban Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. (Round actual and standard price answers to 2 decimal places, e.g. 2.75.) URBAN CORPORATION Variance ReportPurchasing Department For Week Ended January 9, 2017 Type of Materials Quantity Purchased Actual Price Standard Price Price Variance Explanation Rogue11 lbs. $5.25 $5.05 $5,640 Price increase Storm17 5,700 oz. $ $3.26 $1,083 Unfavorable Rush order Beast29 22,000 units $0.45 $ $440 Favorable Bought larger quantity
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