Dear Tutor,

Please help this exercise

E23-13 Wales Company purchased (at a cost of $10,800) and used 2,400 pounds of

materials during May. Wales's standard cost of materials per unit produced is based on

2 pounds per unit at a cost $5 per pound. Production in May was 1,070 units.

Instructions:

(a) Compute the total, price, and quantity variances for materials.

(b) Assume Wales also had an unfavorable labor quantity variance. What is a possible

scenario that would provide one cause for the variances computed in (a) and the unfavorable labor quantity variance?