q1

Longman, Inc. is a manulacturer of lead crystal glasses. The standard direct materials quaney is 0.6 pound per glass at a coat of 50.40 per pound. The actual result for one manthis production of 7,200 glasses was 1.2 pounds por glass, at a cost of 50.50 per pound. Calcuate the direct materials cobt varlance and the diroct materials oficecey variance