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Peterson Foods manufactures pumpkin scones. For January 2014, it budgeted to purchase and use 15,000...

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Accounting

Peterson Foods manufactures pumpkin scones. For January 2014, it budgeted to purchase and use 15,000 pounds of pumpkin at $0.89 a pound. Actual purchases and usage for January 2014 were 16,000 pounds at $0.82 a pound. Peterson budgeted for 60,000 pumpkin scones. Actual output was 60,800 pumpkin scones.

How many pounds of pumpkin should have been used for actual output (this is the standard quantity of pumpkin)?

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