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West Texas Chemical Company manufactures a product called Kylon, which requires three raw materials. Production is in batches of 1,000 gallons of finished product. The firm uses standard costs as a control device. Its standard costs for materials for each batch of Kylon have been established as follows:

Material	Quantity			Standard Cost per Gallon					Standard Cost per Batch
Starter	700	gal.			$	1.80				$	1,260.00
Acid	230	gal.				5.00					1,150.00
Activator	70	gal.				7.00					490.00
Total standard cost	1,000	gal.								$	2,900.00

The output is packaged in 50-gallon drums. During the month of June 2019, 200 drums of Kylon were produced. There was no beginning or ending inventory of work in process. The materials actually used during June are listed below:

Material	Quantity			Cost per Gallon
Starter	7,070	gal.		$	1.60
Acid	2,350	gal.			5.50
Activator	490	gal.			9.10

Compute the total variance between the actual cost of the materials used during June and the standard cost of the materials. Also compute the total variance for each type of material. (Indicate the effect of each variance by selecting Favorable, Unfavorable, and "None" for no effect (i.e., zero variance).)

	WEST TEXAS CHEMICAL COMPANY Analysis of Materials Variances For Month of June 2019 Costs Variances Cost Elements Standard Actual Quantity Price Starter Standard Actual Quantity variance Price variance Acid Standard Actual Quantity variance Price variance Activator Standard Actual Quantity variance Price variance Totals

Analyze the variances for each type of material for the month. (Indicate the effect of each variance by selecting Favorable, Unfavorable, and "None" for no effect (i.e., zero variance).)

	Standard Actual Variance Starter Acid Activator Total

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