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Bellingham Company produces a product that requires 2.3standardpounds per unit. The standard price is $3.35 per pound. 16,800 units used 36,800 pounds, which were purchased
Bellingham Company produces a product that requires 2.3standardpounds per unit. The standard price is $3.35 per pound. 16,800 units used 36,800 pounds, which were purchased at $3.55 per pound.
What is the direct materials (a)price variance, (b)quantity variance, and (c)cost variance? Round your answers to the nearest dollar.
a. Direct materials price variance =
b. Direct materials quantity variance =
c. Direct materials cost variance =
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