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Bonita Company accumulated the following standard cost data concerning product I - Tal.The standard cost of product 7 7 7 includes 2 . 7 units
Bonita Company accumulated the following standard cost data concerning product ITal.The standard cost of product includes units of direct materials at $ per unit. During August, the company
bought units of materials at $ and used those materials to produce units.
Compute the total, price, and quantity variances for materials.
Total materials variance
Materials price variance
$
Materials quantity variance
$
Direct materials per unit: pounds at $ per pound
Direct labor per unit: hours at $ per hour
Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $ per direct labor hou
Compute the standard cost of one unit of product ITal. Round answer to decimal places, eg
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