1.

Illinois Company is a medium-sized company that makes dresses. During the month of June, 8,575 dresses were made. All material purchases were used to make the dresses. The company had this information: standard per dress of 6 yards of material at $6.20 per yard. The actual quantity was 52,000 yards at a cost of $325,520. Compute the direct materials price variance, the direct materials quantity variance, and the total direct materials cost variance.

a. What is the price variance? (enter positive for favorable, negative for unfavorable).

b. What is the Use/Quantity Variance? (enter positive for favorable, negative for unfavorable).

c. What is the Total Materials Variance? (enter positive for favorable, negative for unfavorable).