make giant donuts, Chow Chow Company established the following unit standards: Direct material (flour) Standard Price $50 per bags Standard Quantity 1.2 bags per donut In July, the company purchased 4,270 bags of flour at $48 per bag from suppliers. It made a total of 3,600 giant donuts and used 4,360 bags of four in production The direct-material quantity variance is: None of these $2,000 U $2,500 U $2,000 F $2,500 F tion will save this response MacBook Pro

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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make giant donuts, Chow Chow Company established the following unit standards:
Direct material (flour)
Standard Price
$50 per bags
Standard Quantity
1.2 bags per donut
In July, the company purchased 4,270 bags of flour at $48 per bag from suppliers. It made a total of 3,600 giant donuts and used 4,360 bags of four in production
The direct-material quantity variance is:
None of these
$2,000 U
$2,500 U
$2,000 F
$2,500 F
tion will save this response
MacBook Pro
Transcribed Image Text:make giant donuts, Chow Chow Company established the following unit standards: Direct material (flour) Standard Price $50 per bags Standard Quantity 1.2 bags per donut In July, the company purchased 4,270 bags of flour at $48 per bag from suppliers. It made a total of 3,600 giant donuts and used 4,360 bags of four in production The direct-material quantity variance is: None of these $2,000 U $2,500 U $2,000 F $2,500 F tion will save this response MacBook Pro
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