Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at S4 per pound for each bag of fertilizer. Budget: Actual Planned output Actual output 2,000 bags 2.200 bags 11 pounds per bagy 28,000 pounds Direct materials used Direct materials purchased Direct material purchase price variance The standard direct-material cost allowed for actual output achieved is: 5.600 unfavorable S A. $ 80,000.00 B $ 88,000.00 s96,800.00 st att Actual att 24 a00 Actual att 24200 22,000 D. S 101,640.00 E. None of the above X X A chual Pn'e 4.23 st Poce 961800 St Prce 4 88 000 LJ 10a,400 Qt vanane puice vanane $5600u 2 The purchase price of direct material per pound was: 4.00 A. $ B. S 3.80 4.20 S 4.23 S 3.77 Actual att 24,200 p 102,400 P= 4.23
Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at S4 per pound for each bag of fertilizer. Budget: Actual Planned output Actual output 2,000 bags 2.200 bags 11 pounds per bagy 28,000 pounds Direct materials used Direct materials purchased Direct material purchase price variance The standard direct-material cost allowed for actual output achieved is: 5.600 unfavorable S A. $ 80,000.00 B $ 88,000.00 s96,800.00 st att Actual att 24 a00 Actual att 24200 22,000 D. S 101,640.00 E. None of the above X X A chual Pn'e 4.23 st Poce 961800 St Prce 4 88 000 LJ 10a,400 Qt vanane puice vanane $5600u 2 The purchase price of direct material per pound was: 4.00 A. $ B. S 3.80 4.20 S 4.23 S 3.77 Actual att 24,200 p 102,400 P= 4.23
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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are the answers correct?
![Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at S4 per pound for
each bag of fertilizer.
Budget:
Actual
Planned output
Actual output
2,000 bags
2.200 bags
11 pounds per bagy
28,000 pounds
Direct materials used
Direct materials purchased
Direct material purchase price variance
The standard direct-material cost allowed for actual output achieved is:
5.600 unfavorable
S
A. $ 80,000.00
B $ 88,000.00
s96,800.00
st att
Actual att 24 a00 Actual att 24200
22,000
D. S 101,640.00
E. None of the above
X
X
A chual Pn'e 4.23 st Poce
961800
St Prce
4
88 000
LJ
10a,400
Qt vanane
puice vanane $5600u
2 The purchase price of direct material per pound was:
4.00
A. $
B. S 3.80
4.20
S 4.23
S 3.77
Actual att
24,200
p
102,400
P= 4.23](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe2c8080e-d286-4f88-838f-6a47c685f5a4%2F5d8a4c45-e03f-464c-acff-16654465966e%2Fon95dz4.jpeg&w=3840&q=75)
Transcribed Image Text:Carnation Corporation's standards for producing a plant fertilizer included 10 pounds of materials at S4 per pound for
each bag of fertilizer.
Budget:
Actual
Planned output
Actual output
2,000 bags
2.200 bags
11 pounds per bagy
28,000 pounds
Direct materials used
Direct materials purchased
Direct material purchase price variance
The standard direct-material cost allowed for actual output achieved is:
5.600 unfavorable
S
A. $ 80,000.00
B $ 88,000.00
s96,800.00
st att
Actual att 24 a00 Actual att 24200
22,000
D. S 101,640.00
E. None of the above
X
X
A chual Pn'e 4.23 st Poce
961800
St Prce
4
88 000
LJ
10a,400
Qt vanane
puice vanane $5600u
2 The purchase price of direct material per pound was:
4.00
A. $
B. S 3.80
4.20
S 4.23
S 3.77
Actual att
24,200
p
102,400
P= 4.23
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