%24 Pina Colada Manufacturing provided the following information about its standard costing system for 2022: Standard Data Actual Data Materials 10 Ibs. @ S4 per Ibs. Produced 4,120 units Labor 3 hrs....


Unit VIII question 3 part a


%24<br>Pina Colada Manufacturing provided the following information about its standard costing system for 2022:<br>Standard Data<br>Actual Data<br>Materials<br>10 Ibs. @ S4 per Ibs.<br>Produced<br>4,120 units<br>Labor<br>3 hrs. @$21 perhr.<br>Materials purchased<br>51,230 lbs. for$220,289<br>Budgeted production<br>3,620 units<br>Materials used<br>42,200 lbs.<br>Labor worked<br>11,340 hrs.costing $226,800<br>()<br>Determine the amount of the materials price variance. Identify whetherthe variance is favorable or unfavorable.<br>Materials Price Variance<br>eTextbook and Media<br>Sarefor Later<br>Attempts: 0 of 3 used<br>Submit Answer<br>(b)<br>The parts of this question must be completed in order. This part will be available when you complete the part above.<br>

Extracted text: %24 Pina Colada Manufacturing provided the following information about its standard costing system for 2022: Standard Data Actual Data Materials 10 Ibs. @ S4 per Ibs. Produced 4,120 units Labor 3 hrs. @$21 perhr. Materials purchased 51,230 lbs. for$220,289 Budgeted production 3,620 units Materials used 42,200 lbs. Labor worked 11,340 hrs.costing $226,800 () Determine the amount of the materials price variance. Identify whetherthe variance is favorable or unfavorable. Materials Price Variance eTextbook and Media Sarefor Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

Jun 03, 2022
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