Homework 6 Help Save&Exit Submit Check my work Solomon Fruit Drink Company planned to make...
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Accounting
Homework 6 Help Save&Exit Submit Check my work Solomon Fruit Drink Company planned to make 201,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of juice, thus using 402,000 cups of frozen concentrate. The standard price of one cup of apple containers of apple juice. Required: b. Compute the actual price per cup of concentrate. (Round your answer to 2 decimal places.) d. Compute the materials price variance and indicate whether it is favorable (F) or unfavorable (). (Select "None" if there is no effect ntrate is $0.26. Solomon actually paid $114,817 to purchase 410,060 cups of concentrate, which Book iners. i.e, zero variance), Round "Price varlance to 2 decimal paces) dicate whether it is favorable (F) or unfavorable (U) (Select "None" if there is no effect (i.e., zero variance). Round "Usage variance" to 2 decimal places.) 0.27 per cup 404,000 cups Next Prex 9f

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