Question
1-What raw materials cost would be included in the companys flexible budget for March? 2-What is the materials quantity variance for March? (State the value
1-What raw materials cost would be included in the companys flexible budget for March?
2-What is the materials quantity variance for March? (State the value and whether it is favorable variance or unfavorable variance or zero variance.)
3-What is the materials price variance for March? (State the value and whether it is favorable variance or unfavorable variance or zero variance.)
4-If Preble had purchased 183,000 pounds of materials at $9 per pound and used 170,000 pounds in production, what would be the materials quantity variance for March? (State the value and whether it is favorable variance or unfavorable variance or zero variance.)
5-If Preble had purchased 183,000 pounds of materials at $9.00 per pound and used 170,000 pounds in production, what would be the materials price variance for March? (State the value and whether it is favorable variance or unfavorable variance or zero variance.)
could you please solve these separately with steps for each Q
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