Question: The following data is the same as the previous question Museum Creations produces blown glass art using glass beads Museum budgeted that they would produce
The following data is the same as the previous question Museum Creations produces blown glass art using glass beads Museum budgeted that they would produce 1450 units but actually produced 1400 units. The following information about direct materials is given below. Purchased 5020 lbs. of glass beads at a price of $4 perib Used 4880 lbs. during the period. The standard price of the glass beads-- $3,7 per lo The standard quantity per unit-3.5 lbs. What is Museum Creations direct materials quantity variance for the period tround to the nearest whole unit/dolar, 2 points) Is the variance favorable or unfavorable (2 points)
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