Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual: 59,100 lbs. at $1.9 per Ib. Standard: 57,900 lbs. at $1.85 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Price Variance Direct Materials Quantity Variance Favorable Unfavorable Total Direct Materials Cost Variance $ b. The direct materials 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 raw materials, the variance should be reported to the Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual: 59,100 lbs. at $1.9 per lb. Standard: 57,900 lbs. at $1.85 per Ib. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a 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 materials price variance should normally be reported to th efficiencies, the variance would be reported to the materials, the variance should be reported to the Plant Manager Purchasing Department en lower amounts of direct materials are used because of production raw materials is caused by the purchase of higher-quality raw Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual: 59,100 lbs. at $1.9 per Ib. Standard: 57,900 lbs. at $1.85 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Price Variance Direct Materials Quantity Variance $1 Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the efficiencies, the variance would be reported to th materials, the variance should be reported to the Purchasing Department Production Supervisor When lower amounts of direct materials are used because of production en the favorable use of raw materials is caused by the purchase of higher-quality raw Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual: 59,100 lbs. at $1.9 per lb. Standard: 57,900 lbs. at $1.85 per Ib. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a 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 materials 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 raw materials, the variance should be reported to th Purchasing Department Production Supervisor
