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Last month, Banner Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon
Last month, Banner 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.) Data table Medium Direct materials information speed bump Standard pounds per unit 14 Standard price per pound $ 2.50 Direct materials information Standard pounds per unit Actual quantity purchased and used per unit Standard price per pound Actual price paid for material per pound $ 2.90 Actual quantity purchased and used per unit Direct materials price variance $ 2,600 U Actual price paid for material per pound $ 1,250 F Direct materials quantity variance Total direct material variance Number of units produced 500 Direct materials price variance.... Direct materials quantity variance Total direct material variance Number of units produced Print Done Medium speed Large speed bump bump 14 ? 2.50 $ 3.10 ? 17.5 2.90 $ 3.70 $2,600 U $6,300 U $1,250 F ? ? $3,510 U 500 600
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