Question $2(1$ point$)$

Johnson Co$.$ makes organic non$-$GMO vegetable seed packets for the chef$/$gardener market. The standard material is $0\mathrm{.}90$ ounces per seed packet at a cost of $$0\mathrm{.}72$ per ounce. Johnson Co$.$ budgeted to make $65,000$ seed packets but due to high demand, they ended up making $70,000$ packets. They paid $$42,000$ for $60,000$ ounces of seed and used all but $5,000$ ounces of this purchase in production during the period.

What is their material efficiency variance for this period? Enter a favorable variance is a positive number and an unfavorable variance as a negative number.

Enter as a whole number, no commas and no dollar signs.

Your Answer:

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