Bonita WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2,200 pounds of plastic to...
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Bonita WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2,200 pounds of plastic to use in its dive masks, at a cost of $5,000. The standard price for the plastic is $ 2.00 per pound. The company actually used 2,100 pounds of the plastic to produce 18,000 dive masks. Calculate Bonita's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, e.g. 1.24638 and final answer to 0 decimal places, e.g. 5,275.) Direct material price variance $ Bonita WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2,200 pounds of plastic to use in its dive masks, at a cost of $5,000. The standard price for the plastic is $ 2.00 per pound. The company actually used 2,100 pounds of the plastic to produce 18,000 dive masks. Calculate Bonita's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, e.g. 1.24638 and final answer to 0 decimal places, e.g. 5,275.) Direct material price variance $
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The actual price paid per pound is 50002200 227 The stan... View the full answer
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