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Author Question: Seraphine Corporation manufactures rhinestone-studded jewelry boxes. The following materials ... (Read 73 times)

crazycityslicker

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on: Jan 5, 2020
Seraphine Corporation manufactures rhinestone-studded jewelry boxes.  The following materials standards have been established for the rhinestones used to decorate the jewelry boxes.

Standard quantity per jewelry box (grams)4.0
Standard price per gram of rhinestones $2.50

The following data relates to the production of the jewelry boxes during June:

Actual rhinestones purchased and used (grams)1,200
Actual cost of rhinestones purchased $2,350
Actual number of jewelry boxes produced450

What is the materials price variance for rhinestones in June?
◦ $3,000 favourable
◦ $3,000 unfavourable
◦ $650 favourable
◦ $650 unfavourable
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Marked as best answer by crazycityslicker on Jan 5, 2020

Jayson

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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crazycityslicker

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Reply 2 on: Jan 5, 2020
Excellent

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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