answer is -4,800 how to get the answer and work it out ...
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Accounting
answer is -4,800 how to get the answer and work it out
Tipper Co. makes organic fertilizer sold in one pound bags for the chef/gardener market. The standard material is 17 ounces per bag of assorted meal at a cost of $0.62 per ounce. Tipper Co. budgeted to make 65,000 bags but due to high demand, they ended up making 76,000 bags. They paid $42,000 for 60,000 ounces of meal and used all in production during the period. What is their material cost variance for this period? Enter a favorable variance is a positive number and an unfavorable variance as a negative number. Enter as a whole number, no commas and no dollar signs
answer is -4,800 how to get the answer and work it out

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