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15. The material price variance uses the quantity of material _____, while the material quantity variance uses the quantity of material _____. A. purchased, used

15. The material price variance uses the quantity of material _____, while the material quantity variance uses the quantity of material _____. A. purchased, used B. used, budgeted C. budgeted, wasted D. wasted, purchased

16. A dress company has the following standards to make one dress:

Standard Quantity Standard Price

Direct materials 3 yards per unit $6.50 per yard

Direct labor 1.5 hours per unit $8.00 per hour

The company used 8,000 yards of material in order to make 2,500 dresses in April. The direct materials quantity variance is:

A. $3,250 unfavorable.

B. $1,500 unfavorable.

C. $1,500 favorable.

D. $3,250 favorable.

17. A dress company has the following standards to make one dress:

Standard Quantity Standard Price

Direct materials 3 yards per unit $6.50 per yard

Direct labor 1.5 hours per unit $8.00 per hour

The company purchased 3,000 yards of material in March for $21,000. The company used 2,800 yards in March in order to make 7,700 dresses. The direct materials price variance is:

A. $1,400 unfavorable.

B. $1,500 unfavorable.

C. $1,400 favorable.

D. $1,500 favorable.

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