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Last month, Bridle Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control. (Click the icon
Last month, Bridle 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) 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) Data table Medium speed bump 9 $ 2.00 Medium speed Large speed Direct materials information bump bump Standard pounds per unit.. 9 ? Standard price per pound. $ 2.00 $ 270 $ 2.50 Actual quantity purchased and used per unit 14 $ 2,000 U Actual price paid for material per pound $ 500 $ 1,000 F Direct materials quantity variance. Total direct material variance. Number of units produced Direct materials price variance.. 2.50 $ $2.000 U $1,000 F ? 3.40 $7,840 U 2 500 $3.520 U 800 - X
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