Crystal Clear Pool Services maintains swimming pools. For the most recent year, Crystal budgeted to pay $8.00
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Crystal Clear Pool Services maintains swimming pools. For the most recent year, Crystal budgeted to pay $8.00 per gallon of chlorine and to use ½ gallon of chlorine per pool serviced. Crystal actually purchased and used 280 gallons of chlorine at a cost of $7.50 per gallon to service 500 pools.
Required:
a. What is Crystal's chlorine price variance for the most recent year?
b. What is Crystal's chlorine quantity variance for the most recent year?
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Related Book For
Managerial Accounting
ISBN: 978-1118385388
2nd edition
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
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