direct material variences

MG 2 Direct Variances The following come to the materials cost of the production of 1,000 miles Actual 53,900 $1.75 per it Standard 55,000 10M 51.50 per i Determine the direct material new direct materials and to direct materiale contratas negering mins and an unfavorable wariantes positive ruter Drect Material Price Varsance Direct Materials at Variance Total Direct Materiais Cost Variance . The direct materials price on should normally be ted to the When we amounts of the recobecause of production office the variant would be reported to the When the favorable use of raw materiali caused by the hof her the need be reported the Direct Materials Variances The following data relate to the direct materials cost for the production of 1.900 automobile tires: Actual: 53.900 lbsat $1.75 per ib. Standard: 55,000 lbs. at $1.50 per ib. a. Determine the direct materials price variance, direct materiais quantity in, and total direct materials cost and Enter a favorable variance as a negative number ng minus sign and an unfavorable variance as a positive number Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. The direct materiais price variance should normally be reported to the When lower amounts of direct materials are used because of production efficiencies the variance would be reported to the When the favorable use of raw materials is caused by the purchase of higher quality materials, the variance should be reported to the