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Part of your? company’s accounting database was destroyed when Godzilla attacked the city. Through careful recreation of? data, you have been able to determine that during the previous? period, 20,000 units of product were produced. Raw Materials Inventory increased by? 2,000 ounces during the period. Reports show that the direct material price variance was a favorable? $120,000 for the period and the total direct material variances was a favorable? $40,000. The actual price paid for direct material during the period was? $14 per? ounce, which was? $3 less per ounce than expected.  

1) The quantity allowed per unit of output was ________ ounces. (round to the nearest? hundreth)

Financial Accounting, Accounting

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