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Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.35 per pound. 16,100 units used 35,300 pounds, which
Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.35 per pound. 16,100 units used 35,300 pounds, which were purchased at $3.55 per pound. This information has been collected in the Microsoft Excel Ontine file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spresdsheet What is the direct materials (a) price variance, (b) quantity varence, and (c) cost varionce? Round your answers to the nearest doliar. Enter a favorabie variance as a negative number using a minus sign and an unfovorable variance as a positive number
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