Solution-What was actual price paid for gallon of direct

What was actual price paid for gallon of direct material

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Question - A review of Sunshine's accounting records at the end of the period disclosed a material usage variance of $3,000 F and a material price variance of $5,000 F. Sunshine purchased and consumed 40,000 gallons of direct material that was used in the production of 11,000 finished units of product. Each finished unit had a manufacturing standard of five gallons. What was the actual price paid for a gallon of direct material?

Reference no: EM132961685

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What was actual price paid for gallon of direct material

Reference no: EM132961685

Reference no: EM132961685

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