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5288-02 (Fall 201911 Assignment 4 - chapter 10, 11 and 12 (W19) (quiz 6 W20) Subatomic Shirts' standard cost included 7 metres of direct material

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5288-02 (Fall 201911 Assignment 4 - chapter 10, 11 and 12 (W19) (quiz 6 W20) Subatomic Shirts' standard cost included 7 metres of direct material per t-shirt at $3.80 per metre. Subatomic actually used 32,500 metres of direct material at a cost of $3.75 per metre of product 50,000 t-shirts a) Calculate the direct materials price variance $ per t-shirt b) is the total direct materials price variance favourable or unfavourable? c) Calculate the direct materials quantity variance $ per t-shirt d) is the total direct materials quantity variance favourable or unfavourable? e) Calculate the total direct materials variance $ per t-shirt 6) is the total direct materials variance favourable or unfavourable? Next page page

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