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Pharoah's Style manufactures dining room tables for both home and restaurant locations. David Richard, the company's controller, developed the following standard costs for each 5-foot
Pharoah's Style manufactures dining room tables for both home and restaurant locations. David Richard, the company's controller, developed the following standard costs for each 5-foot table. Ms. Richard developed these standards based on the company manufacturing 1,260 tables per month. - The company actually manufactured 1,160 tables during the month. - 5,960 linear feet of direct materials were purchased during the month at a total cost of $258,664. - 5,460 linear feet of direct materials were used to manufacture the tables. - 14,160 direct labor hours were worked at a total cost of $242,280. - Actual variable overhead was \$245,200. - Actual fixed overhead was $411,100. Calculate the direct material price variance for the month. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct material price variance $ eTextbook and Media Attempts: unlimited (b) E Your answer is partially correct. Calculate the direct material quantity variance for the month. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct material quantity variance
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