Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue $ 340,000 Income tax expense $ 36,000 Interest expense 14,000 Cost of goods sold 121,000 Salaries expense 33,000 Advertising expense 25,000 Utilities expense 44,000 Prepare a multiple-step income statemen

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: