Swifty WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,400 pounds of plastic to use in its dive masks, at a cost of $7,000. The standard price for the plastic is $190 per pound. The company actually used 3,300 pounds of the plastic to produce 18,000 dive masks. Calculate Swifty's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, eg. 1.24638 and final answer to 0 decimal places, eg. 5,275.) Direct material price variance eTextbook and Media $

Swifty WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,400 pounds of plastic to use in its dive masks, at a cost of $7,000. The standard price for the plastic is $190 per pound. The company actually used 3,300 pounds of the plastic to produce 18,000 dive masks. Calculate Swifty's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, eg. 1.24638 and final answer to 0 decimal places, eg. 5,275.) Direct material price variance eTextbook and Media $

Name: Swifty WaterWorks manufactures snorkel gear. During the past month, W
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Description: Swifty WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,400 pounds of plastic to use in itsdive masks, at a cost of $7,000. The standard price for the plastic is $1.90 per pound. The company actually used 3,300 pou

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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