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I would like to check my answer before I submit it! I calculated MPV= $141 Unfavorable and MQV=$56 Favorable. Thanks!! Question 3 of7 - l

I would like to check my answer before I submit it!

I calculated MPV= $141 Unfavorable and MQV=$56 Favorable.

Thanks!!

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Question 3 of7 - l 10 E View Policies Current Attempt in ProgreSS At Ceradyne, the standard price for the M640 electrical relay (a component used in the production of a commercial refrigeration unit) is $56. Standards call for 2.0 relays per unit ofnished product. In July, the company purchased 141 relays for $8,037. The company used 103 relays in the production of 52 refrigeration units (4 relays were damaged in the installation process). Calculate the material price variance and the material quantity variance related to the M640 electrical relay. Indicate whether the variances are favorable or unfavorable. (Round intermediate mlmiatiam to 2dea'mal plow, e3. 14.37am nal answs too decimal pleas. 3.3; 125. Enterall mriancesasa positive number.) Material Price Variance $ ' i i v ' Material Quantity Variance $ | l i V i Save for Later 1 \"sad Submit Answer Favorable Neither Unfavorable nor Favorable Unfavorable

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