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I want correct answer please D F G H K L M N E26.5 Compute materials price and quantity variance The standard cost of Product
I want correct answer please
D F G H K L M N E26.5 Compute materials price and quantity variance The standard cost of Product B manufactured by Pharrell Company includes three units of direct materials at $5.00 per unit. During June, 29,000 units of direct materials are purchased at a cost of $4.70 per unit, and 29,000 units of direct materials are used to produce 9,400 units of Product B. structions 2) Compute the total materials variance and the price and quantity variances. -) Repeat (a), assuming the purchase price is $5.15 and the quantity purchased and used is 28,000 units TE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Total Materials Variance: ( ( AQ 29,000 ? x x minus AP $5.00 ? ) ) minus minus Value SQ (28,500 X x SP $5.00 ) ) 11 A B C D 19 E F H 1 J K 20 21 Materials price variance: ( AQ X ( Value ? minus 22 AP Value ) ) minus minus Value AQ Value 23 SP Value 24 25 26 27 Materials quantity variance: ( AQ x SP ( Value x Value ? minus ? ). 28 minus minus Value SQ Value x ( SP Value ) ) 29 30 31 32 (b) 33 Total Materials Variance: ( AQ ( Value x ? minus 34 AP Value ? ) ) minus minus Value SQ Value ( SP Value ) ) 3 35 = 36 31 L M N 2 (b) 3 Total Materials Variance: ( AQ ( Value ? minus AP Value ? ) . ( minus minus Value SQ Value SP Value ) ) = Materials price variance: ( AQ x ( Value X ? minus AP Value ? ) ) SP minus minus Value AQ Value X ) Value = Materials quantity variance: ( AQ SP ( Value x Value ? minus ? a minus minus Value SQ Value X x SP Value )Step by Step Solution
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