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Direct Material Variances ACCOUNTING FOR PLANNING AND CONTROL 8-29 Direct-Material Variances Nakhon Custom Shirt Company uses a special fabric in the production of dress shirts.

Direct Material Variances

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ACCOUNTING FOR PLANNING AND CONTROL 8-29 Direct-Material Variances Nakhon Custom Shirt Company uses a special fabric in the production of dress shirts. During August. Nakhon Custom Shirt purchased and used 4.100 square yards in the production of 3,700 shirts at a total cost of B2.812.600. (B stands for the Thai baht. There are roughly 30 bahts to a U.S. dollar.) The standard allows one yard at B680 per yard for each shirt. Calculate the material price variance and the material quantity variance

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