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Please answer (f) through (i) and SHOW WORK times 2 yards of material per unit. Actual direct materials used this year were 85,000 yards actual
Please answer (f) through (i) and SHOW WORK
times 2 yards of material per unit. Actual direct materials used this year were 85,000 yards actual cost of those 85,000 yards was $522,750. The sales volume variance is $48,000 unf efficiency variance is 18,000 favorable. Please compute the variances below and indicate if favorable or unfavorable: a. What is budgeted standard cost per yard of material? b. How many actual units were made? c. What is the actual price per yard of material \$ d. What is the price variance amount? $ e. Is the price variance amount favorable or unfavorable? f. What is the flexible budget variance amount? 9 g. Is the flexible budget variance favorable or unfavorable? h. What is the static budget variance amount? \$ i. Is the static budget variance favorable or unfavorableStep by Step Solution
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