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Empire Falls Inc produced 20,000 shirts for the month. Standard per unit: Materials: Cloth 3yds @ .50 per yd Thread 1/2 spool @ .20 per

Empire Falls Inc produced 20,000 shirts for the month. Standard per unit: Materials: Cloth 3yds @ .50 per yd Thread 1/2 spool @ .20 per stool Labor: 15 minutes per shirt $ 8 per hour Actual per unit: Materials: Cloth 2.5 @ .40 per yd Thread 1 spool @ .30 per stool Labor: 30 minutes per shirt $ 9 per hour What is the total materials variance?

What is the total materials price variance?

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