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K Last month, Britney Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the
K Last month, Britney Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon to view the table.) Complete the following table. (Round your answers to two decimal places.) Medium Large Direct materials Information speed bump speed bump Standard pounds per unit 11 Standard price per pound $ 2.00 $ 250 Actual quantity purchased and used per unit 10 16.5 Actual price paid for material per pound $ 2.70 $ 3.10 Direct materials price variance $ 1,400 U $ 4,950 U Direct materials quantity variance Total direct material variance Number of units produced $ 400 F $ 1,000 US 575 U 200 500 Data table Direct materials information Standard pounds per unit. Standard price per pound. Actual quantity purchased and used per unit Actual price paid for material per pound. Direct materials price variance.. Direct materials quantity variance.. Total direct material variance. Number of units produced Medium speed Large speed bump bump 11 ? 2.00 $ 2.50 16.5 $ 2.70 $ 3.10 $1,400 U $4,950 U $400 F ? $575 U 200 500
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