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  3. direct materials purchased: 54,800 pounds at a tot

Direct materials purchased: 54,800 pounds at a total of $649,380 Direct materials used...

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Accounting

Direct materials purchased: 54,800 pounds at a total of $649,380
Direct materials used 51.200 pounds
Direct labor hours worked: 27,280 at a total cost of $315,162
Invin also found the standard cost card for a case of product.
Lexi picked up the phone and called Irvin. "Irvin, I dor't get it. We beat the budgeted operating income for the month, but look at all the untaworable variances on the operating costs. Can you help me understand what's going on" "Let me look into it and I'll get back to
you, Irvin replied,
Direct materials purchased: 54,800 pounds at a total of $649,390
Direct materials used: 51.200 pounds
Direct labor hours worked: 27,280 at a total cost of $315,162
Machine hours used: 52,000
(a-b) Calculate the direct material price variance and direct material quantity variance for the month., (If variance is zero, select Not Applicable" and enter of for the amounts.)
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