Jen & Barry's Fabulous Fruit Yogurt Company uses a standard cost system to collect costs related...
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Jen & Barry's Fabulous Fruit Yogurt Company uses a standard cost system to collect costs related to the production of its blueberry flavored yogurt. The blueberry (materials) standards for each container of yogurt produced are 0.7 ounces of crushed berries at a standard cost of $2.10 per ounce. During the month of June, Jen & Berry's purchased 78,000 ounces of crushed blueberries at a total cost of $162.240. Jen & Barry's used 57.800 of these ounces to produce 74,000 containers of yogurt. What is Jen & Barry's materials quantity variance for the month of June? Jen & Barry's Fabulous Fruit Yogurt Company uses a standard cost system to collect costs related to the production of its blueberry flavored yogurt. The blueberry (materials) standards for each container of yogurt produced are 0.7 ounces of crushed berries at a standard cost of $2.10 per ounce. During the month of June, Jen & Berry's purchased 78,000 ounces of crushed blueberries at a total cost of $162.240. Jen & Barry's used 57.800 of these ounces to produce 74,000 containers of yogurt. What is Jen & Barry's materials quantity variance for the month of June?
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SOLUTION The materials quantity variance measures the difference between the actual quantit... View the full answer
Related Book For
Entrepreneurial Finance
ISBN: 978-0538478151
4th edition
Authors: J . chris leach, Ronald w. melicher
Posted Date:
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