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Alvarado Company produces a product that requires 1 0 standard pounds per unit. The standard price is $ 1 0 . 5 0 per pound.
Alvarado Company produces a product that requires standard pounds per unit. The standard price is $ per pound. If units used pounds, which were purchased at $ per pound, what is the direct materials a price variance, b quantity variance, and c cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
a Direct materials price variance
Unfavorable
b Direct materials quantity variance
$
Favorable
c Direct materials cost variance
$
Favorable
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