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During March, Pronghorn, Inc. purchases and uses 10,100 pounds of materials costing $41,410 to make 4,600 tiles. Pronghorn's standard material cost per tile is $8.10
During March, Pronghorn, Inc. purchases and uses 10,100 pounds of materials costing $41,410 to make 4,600 tiles. Pronghorn's standard material cost per tile is $8.10 (2 pounds of material x $4.05). Compute the total, price, and quantity material variances for Pronghorn, Inc. for March. Identify whether each variance is favorable or unfavorable. Total Materials Variance -4150 Unfavorable Materials Price Variance -505 Unfavorable 0 Materials Quantity Variance $ -3645 Unfavorable
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