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Title: Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current ye Post by: bernie2981 on Nov 14, 2015 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 2 lbs. 3 lbs. Standard Price (SP) per pound of sugar $2.50/lb ? Actual quantity purchased (AQP)and used per batch (pounds) ? 4 lbs. Actual Price (AP) paid $3.00/lb. $5.50/lb. Price variance $300 U $1,200 U Quantity variance $500 F ? Flexible budget variance ? $3,100 U Number of units produced 350 400 What is the direct materials flexible budget variance for the flour in cupcakes? A) $200 favorable B) $800 favorable C) $800 unfavorable D) $200 unfavorable Title: Re: Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the curren Post by: nuclei on Nov 21, 2015 Content hidden
Title: Re: Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current ye Post by: bernie2981 on Dec 1, 2015 Wow! Thank you
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