Business, 25.12.2020 17:10 SMNS625

Lightsey Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of activity was 14,800 skeins and the actual level of activity was 15,100 skeins. The company's owner budgets for dye costs, a variable cost, at $0.51 per skein. The actual dye cost last month was $8,660. What would have been the spending variance (purchase price variance) for dye costs

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Lightsey Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month...