total materials variance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![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
8.0
Actual
8.2
Average number of
roses per arrangement
Price per rose
Cost of roses per
arrangement
Flow planned to make 350 arrangements but actually made 420. What is the total materials variance based on
the flexible budget?
0.35
2.80
0.30
2.46](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40af4702-0490-4dd6-b89f-83ddf43fab87%2Fc65c9821-bc3a-4233-9631-66fa44047a7a%2Fda8vwc_processed.png&w=3840&q=75)
Transcribed Image Text: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
8.0
Actual
8.2
Average number of
roses per arrangement
Price per rose
Cost of roses per
arrangement
Flow planned to make 350 arrangements but actually made 420. What is the total materials variance based on
the flexible budget?
0.35
2.80
0.30
2.46
![Multiple Choice
$142.80 Favorable
$196.00 Favorable
$225.40 Favorable
$113.40 Favorable](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40af4702-0490-4dd6-b89f-83ddf43fab87%2Fc65c9821-bc3a-4233-9631-66fa44047a7a%2Fm3v8w9q_processed.png&w=3840&q=75)
Transcribed Image Text:Multiple Choice
$142.80 Favorable
$196.00 Favorable
$225.40 Favorable
$113.40 Favorable
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