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8 pts DI Question 3 Rogers Inc. manufactures rabbit hutches. Each hutch requires 40 kilograms of plastic and plastic is estimated to cost $5 per
8 pts DI Question 3 Rogers Inc. manufactures rabbit hutches. Each hutch requires 40 kilograms of plastic and plastic is estimated to cost $5 per kilogram. At the beginning of March, the company had no plastic inventory on hand. During the month, the company purchased 4,500 kilograms of plastic for $24,000. The company produced 100 hutches during the month and had 300 kilograms of plastic on hand at the end of the month. Required Compute the company's direct materials price and quantity variances. The direct materials price variance is $ and is (favorable/unfavorable) The direct materials quantity variance is$ and is (favorable/unfavorable)
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