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Direct Materials Variances The following data relate to the direct materials cost for the production of 1.800 autobile tr Actual 62,700 $1.75 $109,725 Standard
Direct Materials Variances The following data relate to the direct materials cost for the production of 1.800 autobile tr Actual 62,700 $1.75 $109,725 Standard 64,000 lbs $1.00 $115.200 a. Determine the direct materials price variance, direct materials Quantity variance, and total direct materialet valance Enter favorable variances as negative numbers. Enter unfavorable varianc positive numbers Price variance Quantity variance Total direct materials cost variance b. The direct materials price variance should normally be reported to the The direct materials quantity variance due to a malfunction of equipment that hat i been properly operated should reported to the The total materials cost variance should be reported to the
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