Urban Corporation prepared the following variance report. Instructions Fill in the appropriate amounts or letters for the
Question:
Urban Corporation prepared the following variance report.
Instructions
Fill in the appropriate amounts or letters for the question marks in the report.
Transcribed Image Text:
Type of Materials Rogue11 Storm17 Beast29 Urban Corporation Variance Report-Purchasing Department For the Week Ended January 9, 2022 Standard Price Price Variance $5.00 $5,500 ? 3.30 1,050 U ? 660 F Quantity Actual Purchased Price ? lbs. $5.20 7,000 oz. ? 22,000 units 0.40 Explanation Price increase Rush order Bought larger quantity
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Related Book For
Financial And Managerial Accounting
ISBN: 978-1119752622
4th Edition
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
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