bubbles co.'s reported beginning inventory of $1,8000,8000, purchases of $9,000,000 and sales of $11,400,000. a physical inventory count at 12/31/2020 reported ending inventory of $2,100,000. bubbles gross profit on sales is 25%. bubbles suspects come inventory may have been taken by a new employee. at 12/31/2020, what is the estimated cost of missing inventory

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: