Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.75 per pound. 16,200 units used 36,700 pounds, which were purchased at $3.95 per pound. What is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Round your answers to the nearest dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance b. Direct materials quantity variance c. Direct materials cost variance $ $ $
Other questions asked by students
The perimeter of a rectangle is 64 cm. The length is 7 less than 2...
A 20 cm high object is placed on the principal axis of a concave mirror...
Results for this submission Entered 12 13 5 18 The answer above is NOT correct...
Find the range mean and interquartile range of each set of values 1 6 1...
Listed here are the total costs associated with the 2015 production of 1,000 drum sets...
Periodic inventory by three methods; cost of goods sold The units of an item available...
Ezekiel Limited list of balances on March 31,2017: $'000 Sales 3,375,000...
Knowledge Check 01 The journal entry to purchase materials on credit for factory use...
