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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The Good Times Company’s budget for materials for the year is as follows: The actual number of games produced was 12,000 games. Standard costs for each game were 3.5 pounds of material at a cost of $22.50 per pound. The actual costs for each game were 3 pounds of material at a cost of $25.00 per pound.
compute the total material variance, the material price variance, and the material quantity variance
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