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Cost Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder

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Cost Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Standard Standard Standard Quantity Price Direct materials 3 pounds $4.40 per pound $13.20 Direct labor 2.00 hours 12.00 per hour 24.00 Total cost $37.20 Sitka Industries made 2,900 ladders in July and used 8,400 pounds of material to make these units. Sitka Industries bought 15,600 pounds of materia in the current period. There was a $300 unfavorable direct materials price variance. Enter all amounts as positive numbers. A. How much in total did Sitku pay for the 15,600 pounds? Amount paid $ 69,608 x B. What is the direct materials quantity variance? Direct materials quantity variance 1,320 Favorable C. What is the total direct materials cost variance? Total direct materials cost variance $ 1,070 X Favorable D. What if 9,200 pounds were used to make these ladders, what would be the direct materials quantity variance? Direct materials quantity variance $ 2,640 X Unfavorable

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