Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (flour is a direct material for cupcakes and butter is a direct material for cookies) : Flour (Direct Materials) Cupcakes Butter (Direct Materials) Cookies Standard quantity per batch 5 lbs. 2 lbs. Standard Price (SP) per pound $ 0.35 /lb. ? Actual quantity purchased (AQP) and used per batch (pounds) ? 5 lbs. Actual Price (AP) paid 1.15 /lb. $ 2.05 /lb. Price variance $ 560 U $ 600 U Quantity variance $ 597 F ? Flexible budget variance ? $ 2 comma 700 U Number of units produced 370 400 What is the direct materials flexible budget variance for the flour in cupcakes?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The Harrisons live in a country where they are the only 4 allowed to supply consumers with leather shoes. What type of economy is this an example of? competitive regulation mixed monopoly
Answers (1)
All of the following are examples of automatic stabilizers except: rapid growth decreases the number of people collecting unemployment. disposable income increases due to increased employment.
Answers (1)
When the investor owns more than 50% of the voting common stock of the investee, the investee is considered to be under the legal control of the investor. true false?
Answers (1)
The income statement for Stretch-Tape Corporation reports net sales of $540,000 and net income of $65,700. Average total assets for the year are $900,000.
Answers (1)
When the production of a good generates external costs, a firm's private supply curve will be:a. to the right of the social supply curve. b. to the left of the social supply curve. c. vertical. d. horizontal.
Answers (1)
New Questions in Business
Androscoggin Copper can grow at 5% per year for the indefinite future. It's selling at $100, and next year's dividend is $5.
Answers (1)
What are two types of businesses that would probably use a sole proprietorship as a form of business ownership?
Answers (1)
Which financial problems might cause a person to be considered a bad risk for a loan to purchase a home? Check all that apply.
Answers (2)
Companies can adapt their catalog revenue model online by replacing or supplementing their print catalogs with information on their Web sites. True False
Answers (1)
The United Kingdom produces computers and sells them to Japan. At the same time Japan produces cars and sells them to the United Kingdom. Suppose there is an appreciation in the pound. This will cause: A.
Answers (1)