Direct Materials Variances

Bellingham Company produces a product that requires 7standardpounds per unit. The standard price is $10 per pound. If 6,000 units required 42,800 pounds, which were purchased at $10.4 per pound, what is the direct materials (a)price variance, (b)quantity variance, and (c) total direct materialscost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a.Direct materials price variance$fill in the blank 1

b.Direct materials quantity variance$fill in the blank 3

c.Total direct materials cost variance$fill in the blank 5

P) DaBaby Radio - Pandora X CengageNOWv2 | Online teachin X Chapter 23 Practice Materials X X C & https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false . . Ch. 23, Quiz B 1. PE.23-01.ALGO Direct Materials Variances ? Bellingham Company produces a product that requires 7 standard pounds per unit. The standard price is $10 per pound. If 6,000 units 2. PE.23-02.ALGO required 42,800 pounds, which were purchased at $10.4 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance 3. PE.23-05.ALGO as a positive number. 4. EX.23-03.ALGO a. Direct materials price variance b. Direct materials quantity variance 5. EX.23-12.ALGO c. Total direct materials cost variance 6. EX.23-20.ALGO 7. PR.23-01B 8. PR.23-03.ALGO Type here to search O 6:39 PM 25 92OF ~ - 0 ( ' 8/8/2021 741