Question
Bowie sporting goods manufacture sleeping bags. The manufacturing standards Per sleeping bag, based on 5000 sleeping bags per month, are as follows:Direct material of 4.00
Bowie sporting goods manufacture sleeping bags. The manufacturing standards Per sleeping bag, based on 5000 sleeping bags per month, are as follows:Direct material of 4.00 yards at $5.80 per yardDirect labor of 3.00 hours at $17 per houroverhead applied per sleeping bag at $18in the month of April, the company actually produced 5200 sleeping bags using 27,300 yards of material at a cost of $5.90 per yard. The labor used was 11,700 hours at an average rate of $17.50 per hour. The actual overhead spending was $96,200.determine the total materials variance and round to the nearest whole dollar. Enter a new favorable variance as a positive number. Enter an unfavorable variance as a negative number.
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