please show work. Thank you Construction Safety Corporation tes to the corporati

Question

please show work. Thank you

Construction Safety Corporation tes to the corporation's purchases and use of materials for the month of Apri manufactures orange plastic safety suits for road workers. The tollowig veformasivers or Total yards of matervals Materials purchased Materials used in production Standard materials allowed for suits produced 8.300 8.000 8.100 Lo Construction Safety's materials (purchase) price variance for April was $1.200 favorable Its materials quamoney varvance for April was $900 favorable. What was the actual purchase price per yard of material? A. S B. S .s 4.50 9.00 4.35 8.86 D. S E. None of the above

Explanation / Answer

(Standard Qty- Actual Qty)Standard Price=900

(8100-8000)Standard Price=900

100× Standard Price=900

Standard price=$9

(Standard Price-Actual Price)×8300=1200

Let actual price be A

(9-A)×8300=1200

74700-8300A=1200

74700-1200=8300A

73500=8300A

A=$8.85

Thus , Actual Price=$8.86/-

Option D is correct.

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