o Direct Materials Variances Silicone Engine Inc. produces wrist-worn tablet computers. The company uses Thin Film Crystal (TFC) LCD displays for its products. Each tablet uses one display. The company pr tablets during December. However, due to LCD defects, the company actually used 600 LCD displays during December. Each display has a standard cost of $15.00. Six hundred L were purchased for December production at a cost of $8,550. Determine the price variance, quantity variance, and total direct materials cost variance for December. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Favorable Unfavorable v Favorable Price variance Quantity variance Total direct materials cost varianoe Feedback Check My Work thought of as decreasing costs (a credi) Unfavorable variances can be thought of as increasing costs (a debit) Favorable variances can be material cost variance is the difference between the actual and standard material cost Leaming Objective 3 Direct Materials Variances Silicone Engine Inc. produces wrist-worn tablet computers. The company uses Thin Fim Crystal (TFC) LCD displays for its products. Each tablet uses one display. The company produced 580 tablets during December. However, due to LCD defects, the company actually used 600 LCD displays during December. Each display has a standard cost of $15.00. Six hundred LCD displays were purchased for December production at a cost of $8,550. Determine the price variance, quantity variance, and total direct materials cost variance for December Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Price variance Favorable Unfavorable Favorable Quantity variance Total direct materials cost variance of as increasing costs (a debit) Favorable variances can be thought of as decreasing costs (a credt variances can be thought o The direct material cost variance is the difference between the actual and standard material cost Leaming Objective 3 Next