Roses, Incorporated made a batch of flower arrangements that were sold to grocery stores for Valentine's Day. The standard and actual costs of the roses used in each arrangement are as follows: Standard Actual
No of roses per arrangement 6 6.1
Price per rose .60 .58
A. The company made and sold 1,000 of the Valentine's Day arrangement. Based on this informaton the materials price variance was:.
a. $122 favorable.
b. $122 unfavorable.
c. $60 favorable.
d. $60 unfavorable.
B Based on this informaton the materials usage variance was:.
a. $122 favorable.
b. $122 unfavorable.
c. $ 60 favorable.
d. $60 unfavorable.

b. $122 unfavorable.

d. $60 unfavorable.

Explanation:

The computation is shown below:

As we know that

Material Price Variance = (Standard price - Actual price ) × Actual quantity of Roses

where,

Actual quanity is

= 6.1 × 1,000 arrangements

= 6,100 roses

And,  

Standard price = 0.6  and Actual price = 0.58

So, the material price variance is

= ($0.6 - $0.58 ) × 6,100 roses

= $122 Favorable

2, Now the material usage variance is

Material usage variance = (Standard Quantity - Actual Quantity)  Standard price per rose

= ($6 × 1,000 - 6,100) × 0.6

= $60 Unfavorable

d. the economy will face inflation.

answer; the landlord can sue the renter,and the renter loses the security deposit;