Sherwin Chemicals produces commercial strength cleansing supplies.Two of its main products are window cleanser that uses ammonia,and floor cleanser that uses bleach.Information for the most recent period follows:

What is the Standard Price (SP)for bleach?

Question

Sherwin Chemicals produces commercial strength cleansing supplies.Two of its main products are window cleanser that uses ammonia,and floor cleanser that uses bleach.Information for the most recent period follows:

What is the Standard Price (SP) for bleach?

What is the Standard Price (SP)for bleach?

Quizplus · Accepted Answer

A)
Price Variance = (Standard Price (SP)- Actual Price (AP))× Actual Quantity Purchased (AQP)
- $300 = ($.79 - $.90)× 2,800

Sherwin Chemicals Produces Commercial Strength Cleansing Supplies