The standards for product V28 coll for 8.0 pounds of a rave materiol that costs...
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Accounting
The standards for product V28 coll for 8.0 pounds of a rave materiol that costs 188.80 per pound Last month. 1,900 pounds of the taw material were purchosed for 535,340 . The actual output of the morth was 210 units of product V28. A total of 1800 pounds of the raw material were used to produce this outeut. The derect matersals purchaser variance is computed when the materials are puchased Aequired: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? (indicate the effect of each variance by selecting "F. for favorable. "U* for unfavorable, and "None" for no effect fie., aero siance). Inpul all amounts as positive volues.)
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