Business, 11.12.2019 01:31, mervesena01

During the month of march, baker's express purchased 10,000 pounds of flour at $1 per pound. the production department used 9,500 pounds of flour to produce 100,000 biscuits. at the end of march, baker's express found it had a favorable materials price variance of $500. the standard cost per pound must be:
a. $1.00
b. $1.95
c. $1.05
d. $0.95
e. none of the above

Answers: 1

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During the month of march, baker's express purchased 10,000 pounds of flour at $1 per pound. the pro...