Question: keep getting it wrong please help ark Ch 8 i Exercise 8-12A Responsibility for materials usage variance LO 8-6 Finch Fruit Basket Company makes baskets
ark Ch 8 i Exercise 8-12A Responsibility for materials usage variance LO 8-6 Finch Fruit Basket Company makes baskets of assorted fruit. The standard and actual costs of oranges used in each basket of fruit follow. Average number of oranges per basket Price per orange Cost of oranges per basket Standard Actual 6.30 7.60 * $0.30 $0.25 $1.89 $1.90 Finch actually produced 25,600 baskets Required a. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). (For all requirements, Select "None" if there is no effect (i.e., zero variance).) Print eferences 255F a. Total materials price variance b. Total materials usage variance U
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