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of one of its factories for the prior year, with reypect to the mourciog and usage of raw materials. Following is information about one of

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of one of its factories for the prior year, with reypect to the mourciog and usage of raw materials. Following is information about one of the products nade in that foctory the deluxe widget-and a principal raw material in the manafacture of deluxe widtels; copper. Required: A) Calculate the price variance for copper, assuming that the price variance is rocognized on the time the eopper is purchased, Is this variance favorable or unfivorable? B) Calculate the price variance for copper, assuming that the price variance is recognized at the time the copper is put into production. Is this variance favorable or unfavorable? C) Calculate the quantity (usage) variance for copper. Is this variance favorable or unfavorable? D) Calculate the flexible budget and the flexible budget variance for copper. E) Calculate the static budget variance for copper

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