Barry produced 8000 units at a total cost of 49280 each


Question - Barry Company budgeted the cost of materials for August to be $60,000 for 10,000 units produced. Barry used the following standard cost per unit to prepare the August budget: ounces of materials at $3.00 per ounce

In August, Barry produced 8,000 units at a total cost of $49,280. Each unit required 2.2 ounces of materials. What is the materials usage variance for August?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Barry produced 8000 units at a total cost of 49280 each
Reference No:- TGS02416694

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)