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Materials Variances Manzana Company produces apple juice sold in gallons. Recently, the company adopted the following material standard for one gallon of its apple juice:

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Materials Variances
Manzana Company produces apple juice sold in gallons. Recently, the company adopted the following material standard for one gallon of its apple juice:
Direct materials 128 oz. @ $0.05=$6.40
During the first week of operation, the company experienced the following results:
a. Gallon units produced: 22,000.
b. Ounces of materials purchased and used: 2,860,000 ounces at $0.060.
c. No beginning or ending inventories of raw materials.
Required:
Note: Enter favorable values as negative numbers. Enter unfavorable values as positive numbers.
Compute the materials price variance.
$
Compute the materials usage variance.
$
Favorable x
During the second week, the materials usage variance was $4,000 unfavorable and the materials price variance was $22,000 unfavorable. The company pur and used 2,315,000 ounces of material during this week. How many gallons of juice were produced? If required, round your answer to nearest whole value.
X gallons
What was the actual price paid per ounce of materials? Round your answer to the nearest cent.
$
x per ounce
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