https://www.youtube.com/watch?v=UDBo86usweU

Read the following problem and solve using the step-by-step YouTube Walk Through video l='.>. (You may start the YouTube video at 12:35 if you don't want a further explanation of direct material variances.) You do not need to include dollar signs in your answers. VIDEO DIRECT MATERIALS VARIANCES FSI, manufactures t-shirts and custom apparel. To make one shirt, FSI estimates that 1.5 square yards of cloth will be used. FSI estimates the cloth to cost $5 per square yard. During the month of October, FSI produced 30,000 shirts using 51,000 square yards of cloth at a total cost of $244,800. Based on the above, what is the total variance, price variance and Quantity variance. Indicate whether such variances are favorable or unfavorable. D Question 1 1 pts The total direct materials variance is $19,800 and unfavorable. 0 True " False D Question 2 1 pts How much is the favorable pricing variance? D Question 3 1 pts How much is the unfavorable quantity variance