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PA 5 . LO 8 . 2 Ed Co . manufactures two types of O rings, large and small. Both rings use the same material
PA LO Ed Co manufactures two types of O rings, large and small. Both rings use
the same material but require differen amounts. Standard materials for both are shown.
At the beginning of the month, Edve Co bought feet of rubber for $ The company made large rings and small O rings. The company used feet of rubber.
A What are the direct materials price variance, the direct materials quantity variance, and the total direct materials cost variance?
B If they bought connectors costing $ what would the direct materials price variance be for the connectors?
C If there was an unfavorable direct materials price variance of $ how much did they pay per foot for the rubber?
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