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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

PA5. LO 8.2 Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but require different
amounts. Standard materials for both are shown.
At the beginning of the month, Edve Co. bought 25,000 feet of rubber for $6,875. The company made 3,000 large O rings and
A. What are the direct materials price variance, the direct materials quantity variance, and the total direct
materials cost variance?
B. If they bought 10,000 connectors costing $310, what would the direct materials price variance be for
the connectors?
C. If there was an unfavorable direct materials price variance of $125, how much did they pay per foot for
the rubber?
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