Purchase Solution

Stench Foods Company

Not what you're looking for?

Ask Custom Question

Stench Foods Company uses a standard cost system to collect costs related to the production of its garlic flavored yogurt. The garlic (materials) standards for each container of yogurt produced are 0.8 ounces of crushed garlic at a standard cost of $2.30 per ounce.

During the month of June, Stench purchased 75,000 ounces of crushed garlic at a total cost of $171,000. Stench used 64,000 of these ounces to produce 71,500 containers of yogurt.

What is Stench's materials price variance for the month of June?
$23,800 favorable
$1,500 favorable
$17,250 favorable
$15,640 unfavorable

Purchase this Solution
Solution Summary

This solution calculations the variation between budgeted and actual standard total cost.

Solution Preview

The Standard Cost per ounce is $2.3, while the Actual cost per ounce = $17,000/75,000 = ...

Solution provided by:
Manal Elkhoshkhany, MBA
Education
  • BA, Ain Shams University, Cairo Egypt
  • MBA, California State University, Sacramento
Recent Feedback
  • "ty i have more need help with"
  • "ty i have jmore i need help with"
  • "great help"
  • "excellent help"
  • "Very helpful and easy to understand."
Purchase this Solution
Free BrainMass Quizzes
Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

View More Free Quizzes
Related BrainMass Solutions

  • Introduction to Managerial Accounting - Disbursement

    A) $30 B) $24 C) $15 D) $12 Use the following information to answer 8 - 10 Stench Foods Company uses a standard cost system to collect costs related to the production of its garlic flavored yogurt.

  • Evaluation and Analysis Project

    The organization selected for analysis and evaluation is Whole Foods Market. The company is a supermarket chain that sells natural and organic foods. The company commenced business on September 20, 1980 and is headquartered at Austin, Texas.

  • Whole Foods Market: Strategic Analysis

    584556 Whole Foods Market: Strategic Analysis Conduct strategic analyses of Whole Foods Market and provide an independent, objective view of Whole Foods Market's current strategic position, including full information of Whole Foods Market's mission, vision

  • Kudler Fine Food IPO

    Even competitors will seek to takeover Kudler Fine Foods simply by buying its shares from the market. The threats are that the company may not be able to perform or grow well because of the pressures of being a public company.

  • Corporate Social Responsibility

    The company that actively engages in CSR is Whole Foods Market. This company only sells products that satisfy its own quality standards for being natural.

  • Whole Foods Market: Strategic Reveiw

    ABC Company and Whole Foods Market expect us to provide them with top-notch advice on how to integrate Whole Foods into ABC Company. I will be working on analyzing ABC Company. You will be working on analyzing Whole Foods Market.

  • Balancing Loop/ Reinforcing Loop

    The company learns from these protests and improves its performance so that customers like the company and its products. Because Whole Foods Market has seized learning opportunities it has improved its performance and grown over the years.

  • Whole Foods http://www.wholefoodsmarket.com/ -300 Word

    This can be safely assumed because the foods sold by the company are specialty foods, and as such, would naturally cost slightly higher than non-specialty foods sold by local retailers.

  • Strategic Analysis of the Whole Foods Market

    Whole Foods Market - Annual Stakeholders Report, 2011. Retrieved on November 7, 2012 from: http://www.wholefoodsmarket.com/company-info/investor-relations/annual-reports. Please see attached.

View More Related Solutions