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Question 1 1 pts Materials price variance is ___, materials quantity variance is ___ and total materials variance is. Please put a comma between answers
Question 1 1 pts Materials price variance is ___, materials quantity variance is ___ and total materials variance is. Please put a comma between answers and a space between the amount and Unfavorable/Favorable status. Example: 25000 U, 13000 F, 12000 U Costs Actual labor rate Actual materials price Standard labor rate Standard materials price $14 per hour $260 per ton $13.50 per hour $262 per ton Quantities Actual hours incurred and used 4,600 hours Actual quantity of materials 1,800 tons purchased and used Standard hours used 4,640 hours Standard quantity of materials used 1,780 tons
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