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 $1.90 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 O decimal places, e.g. 5,275.) -524 Unfavorable Direct material price variance %24

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 $1.90 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 O decimal places, e.g. 5,275.) -524 Unfavorable Direct material price variance %24

Name: Chapter 6 Question 11I know the answer is also not -6,792 Swifty Water
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Description: Chapter 6 Question 11I know the answer is also not -6,792 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 plasti

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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