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    price variance

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    A quantity of a particular raw material was purchased for $43,250. The standard cost of the material was $2.00 per kilogram and there was an unfavorable materials price variance of $3,250. How many kilograms were purchased?

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    https://brainmass.com/business/bond-valuation/price-variance-kilograms-purchased-208541

    Solution Summary

    The solution provides a clear step-by-step solution to how many kilograms of raw material were purchased considering the standard cost of the material and that there was an unfavorable materials price variance.

    $2.19

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