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Zany Eyewear makes frames and uses 4.5 oz. plastic per frame at a standard cost of $3.65 per oz of plastic. In April, Za

Posted: Sat May 07, 2022 8:40 pm
by answerhappygod
Zany Eyewear makes frames and uses 4.5 oz. plastic per frame at
a standard cost of $3.65 per oz of plastic. In April, Zany made
2,500 frames. Zany purchased 12,000 oz. of plastic at $4 per oz,
but only used 10,000 oz. of plastic.
What is the Material Price Variance?
What is the material quantity variance?