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Business, 02.04.2020 18:16 dekhua

AceAce Manipulation Manufacturing's (AMM) standards anticipate that there will be 22 pounds of raw material used for every unit of finished goods produced. AMM began the month of MayMay with 7 comma 5007,500 pounds of raw material, purchased 10 comma 90010,900 pounds for $ 16 comma 350$16,350 and ended the month with 6 comma 3006,300 pounds on hand. The company produced 5 comma 2005,200 units of finished goods. The company estimates standard costs at $ 1.80$1.80 per pound. The materials price and efficiency variances for the month of MayMay were: Price Variance Efficiency Variance 1. $ 3 comma 270$3,270 U $ 3 comma 060$3,060 F 2. $ 3 comma 630$3,630 F $ 3 comma 060$3,060 U 3. $ 3 comma 270$3,270 F $0 4. $ 3 comma 270$3,270 F $ 3 comma 060$3,060 U

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