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> Question 2 of 6 -/1 View Policies Current Attempt in Progress Accustart Jewelry produced...

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> Question 2 of 6 -/1 View Policies Current Attempt in Progress Accustart Jewelry produced 1.530 rings during March. The standard cost of each ounce of gold used in a ring is $1,050 per ounce. The standard quantity of material for each ring is a half ounce of gold per ring. The cost of gold purchased and used in Marchwas $795,600 at $1,020 per ounce. Determine the material price variance and the material quantity variance for March. Indicate whether each variance is favorable or unfavorable. (Enter all variances as a positive number) $ Material price variance Material quantity variance $ e Textbook and Media Attempts:0 of 3 used Submit Angel

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