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need help answering all the question please help Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller
need help answering all the question please help
Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Standard Standard Standard Quantity x Price Cost Direct materials 3 pounds $4.50 per pound $13.50 Direct labor 2.00 hours 12.00 per hour 24.00 Total cost $37.50 Sitka Industries made 3,000 ladders in July and used 8,800 pounds of material to make these units. Sitka Industries bought 15,600 pounds of material in the current period. There was a $250 unfavorable direct materials price variance. Enter all amounts as positive numbers. A. How much in total did Sitka pay for the 15,600 pounds? Amount paid $ B. What is the direct materials quantity variance? Direct materials quantity variance $ Favorable C. What is the total direct materials cost variance? Total direct materials cost variance $ Favorable D. What if 9,400 pounds were used to make these ladders, what would be the direct materials quantity variance? Direct materials quantity variance $ Unfavorable E. If there was a $340 favorable direct materials price variance, how much did Sitka pay for the 15,600 pounds of material? Amount paid $ Feedback Check My Work Check My Work Previous NexStep by Step Solution
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