Question
Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,000
Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,000 cups of flour at $0.55 per cup. They use 3,550 cups of flour to make 4,750 biscuits. The standard cost per cup of flour is $0.53.
What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance?
| Direct materials price variance: $9 F Direct materials quantity variance: $6.88 U Total direct materials cost variance: $2.12 F |
| Direct materials price variance: $9 U Direct materials quantity variance: $6.88 F Total direct materials cost variance: $2.12 U |
| Direct materials price variance: $80 U Direct materials quantity variance: $6.63 F Total direct materials cost variance: $73.37 U |
| Direct materials price variance: $80 F Direct materials quantity variance: $6.63 U Total direct materials cost variance: $73.37 F |
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