Assume that Pearle Vision uses standard costs to control the materials in its made$-$to$-$order sunglasses. The standards call for $2$ ounces of material for each pair of lenses. The standard cost per ounce of material is $$17\mathrm{.}00.$ During July, the Santa Clara location produced $5,200$ pairs of sunglasses and used $9,900$ ounces of materials. The cost of the materials during July was $$17\mathrm{.}25$ per ounce, and there were no beginning or ending inventories.

Required

a$.$ Determine the flexible budget materials cost for the completion of the $5,200$ pairs of glasses.

$Answer

b$.$ Determine the actual materials cost incurred for the completion of the $5,200$ pairs of glasses and compute the total materials variance.

$Answer

$0$

actual materials cost

$Answer

$0$

Answer

F

total materials variance

c$.$ How much of the total variance was related to the price paid to purchase the materials?

$Answer

$2,475$

Answer

U

d$.$ How much of the difference between the answers to requirements $($a$)$ and $($b$)$ was related to the quantity of materials used? $($Hint: Compute materials quantity variance.$)$

$Answer

$0$

Answer

F