Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
anuong05 anuong05
wrote...
Go to Answer
Posts: 149
Rep: 0 0
A year ago
Holly Industries manufactures artificial holiday wreaths. Its most popular wreath requires 3 yards of artificial pine boughs and 15 sprigs of holly berries. In August, the company purchased 4,000 yards of artificial pine bough, and 20,000 sprigs of holly berries. Holly paid $2.65 per yard for the artificial pine bough and purchased 4 boxes of holly berries for $7,000 per box, each box containing 5,000 sprigs. The standard price for artificial pine bough is $2.60 per yard, and the standard price per sprig of holly berry is $1.45. During August, Holly produced 1,250 wreaths and used 3,625 yards of artificial pine bough and 19,000 sprigs of holly berries. What is Holly's direct materials price variance for sprigs of holly berries for August?

▸ $1,000 favorable

▸ $362.50 favorable

▸ $1,000 unfavorable

▸ $362.50 unfavorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 58 times
1 Reply
Replies
Answer verified by a subject expert
dongdong
wrote...
#1
Posts: 127
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

anuong05 Author
wrote...

A year ago
Correct Slight Smile TY
kobbhy
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
africa143
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  830 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4904
  
 199
  
 62
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Should Ph.D.'s be addressed as doctors?