Hailey owns a fruit smoothie shop at the local mall Each smoothie requires 3/4 pound of mixed
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Question:
Hailey owns a fruit smoothie shop at the local mall Each smoothie requires 3/4 pound of mixed berries which are expected to cost $3 per pound during the summer months During the month of June Hailey purchased and used 4,020 pounds of mixed berries at a cost of 2.85 per pound Hailey's shop sold 5,300 smoothies during the month.
Calculate the DM price variance. Is the variance favorable or unfavorable?
Calculate the DM efficiency variance. Is the variance favorable or unfavorable?
Calculate the total DM variance. Is the variance favorable or unfavorable?
Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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