Flowers for All Occasions (FLO) produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow: Standard Actual 8.2 Average number of 8.0 roses per arrangement 0.35 2.80 Price per rose 0.30 2.46 Cost of roses per arrangement Flow planned to make 350 arrangements but actually made 420. What is materials price variance?

Flowers for All Occasions (FLO) produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow: Standard Actual 8.2 Average number of 8.0 roses per arrangement 0.35 2.80 Price per rose 0.30 2.46 Cost of roses per arrangement Flow planned to make 350 arrangements but actually made 420. What is materials price variance?

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Description: Multiple Choice$29.40 Unfavorable$53.20 Unfavorable$172.20 Favorable$168.00 Favorable Flowers for All Occasions (FLO) produced a special Mother's Day arrangement that included eight roses. Thestandard and actual costs of the roses used in each arran

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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