rebecca0022
rebecca0022
08.07.2019 • 
Business

Enrique industries purchased and consumed 50,000 gallons of direct material that was used in the production of 11,000 finished units of product. according to engineering specifications, each finished unit had a manufacturing standard of five gallons. if a review of enrique's accounting records at the end of the period disclosed a material price variance of $5,000u and a material quantity variance of $3,000f, what is the actual price paid for a gallon of direct material?

Solved
Show answers

Ask an AI advisor a question