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Calculate the total variance for aluminum for the month

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Reference no: EM132756020

Problem 1: Krumple Inc. produces aluminum cans. Production of 13-ounce cans has a standard unit quantity of 4.2 ounces of aluminum per can. During the month of April, 330,000 cans were produced using 1,200,000 ounces of aluminum. The actual cost of aluminum was $0.18 per ounce and the standard price was $0.01 per ounce. There are no beginning or ending inventories of aluminum. Calculate the total variance for aluminum for the month of April.

Reference no: EM132756020

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