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Please show how you got the answer Direct Materials Variances Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price
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Direct Materials Variances Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price is $11 per pound. If 3,200 units required 49,200 pounds, which were purchased at $11.44 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance 21,648Unfavorable b. Direct materials quantity variance 490,000xFavorable C. Direct materials cost varilance511,648x Favorable 511,648XFavorable VStep by Step Solution
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