Business, 21.11.2019 21:31 katii54feliz

Streetsboro ceramics produces large planters to be used in urban landscaping projects. a special earth clay is used to make the planters. the standard quantity of clay used for each planter is 24 pounds. the company uses a standard cost of $ 1.96 per pound of clay. streetsboro produced 3,500 planters in may. in that month, 87,500 pounds of clay were purchased and used at the total cost of $ 168,000. calculate the direct materials price variation.

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