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Question 36 2 pts The production manager of a large company reports the following data for the production of the company's single product: Standard material
Question 36 2 pts The production manager of a large company reports the following data for the production of the company's single product: Standard material for each unit: 4 pounds @ $3 per pound ($12 per unit) Planned production Actual production Direct materials purchased and used in production Cost of direct materials purchased 13,000 units 11,500 units 45,000 pounds $148,500 The amount of direct materials price variance and direct materials quantity variance are as follows: Price Variance Quantity Variance $13,500 unfavorable $3,000 unfavorable $13,500 favorable $21,000 unfavorable $13,500 unfavorable $3,000 favorable $21,000 favorable $13,500 unfavorable $13,500 favorable $21,000 favorable
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