Nates Pool Services uses from one to three chemicals to clean swimming pools. Variance data for the
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The budget allowed two pounds of each kind of chemical for each pool cleaning requiring that kind of chemical. For chemical A, the average price paid was $0.20 per pound less than standard; for chemical B, $0.10 less; for chemical C, $0.07 greater. The firm purchased and used all chemicals during the month.
For each of the three types of chemicals, calculate the following:
a. Number of pounds of material purchased.
b. Standard price per pound ofmaterial.
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Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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