a

Acme bookcase has a material standard for its mobile model of $20 per bookcase based on a cost of wood of $2.50 per board foot. In October they produced 1,500 units spending $29,700 for material. They used 10% less material than the standard called for during October. Calculate the material variances for the month: Material Quantity Fav/ (Unfav) Material Price Favl (Unfav) Total Variance Favl (Unfav)