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Auby Company produces a chair for which the standard specifies 7 yards of material per...

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Accounting

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Auby Company produces a chair for which the standard specifies 7 yards of material per unt. The standard price of one vard of material is $14.70. Doring the month, 7,400 chairs were manufactured, using 50,800 yards at a cost of $13.96 per yard. Determine the folloising: Enter favonble variances as negative numbers. a. Direct materials price varnance. b. Oirect materlals quantity variance c. Total direct materials cost vanunce

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