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The company actually used 3950 pounds of the plastic to

Question - Crane WaterWorks manufactures snorkel gear. During the past month, Washington purchased 4,070 pounds of plastic to use in its dive masks, at a cost of $6,620. The standard price for the plastic is $1.575 per pound. The company actually used 3,950 pounds of the plastic to produce 15,600 dive masks.

Calculate Crane's direct materials price variance for the month.

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Accounting Basics: The company actually used 3950 pounds of the plastic to

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Accounting Basics: The company actually used 3950 pounds of the plastic to

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