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bernie2981 bernie2981
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8 years ago
Sherwin Chemicals produces commercial strength cleansing supplies. Two of its main products are window cleanser that uses ammonia, and floor cleanser that uses bleach. Information for the most recent period follows:

Product Names   Window Cleaner (ammonia)   Floor Cleaner (bleach)
Direct materials information      
Standard ounces per unit   16 oz.   24 oz.
Standard price (SP) per ounce   $0.75   ?
Actual quantity (AQ) used per unit   20 oz.   22 oz.
Actual price (AP) paid for material   $1.00   $0.90
Actual quantity purchased (AQP) and used   1,500 oz.   2,800 oz..
Price variance   ?   $300 U
Quantity variance   $1,500 U   ?
Flexible budget variance   ?   $678 F
Number of units produced   500   600

What is the direct materials flexible budget variance for ammonia?
A) $1,875 favorable
B) $1,875 unfavorable
C) $1,125 unfavorable
D) $1,125 favorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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