Questions 7 & 8

7. Ultimate Production manufactures radon detectors. The standards for materials for each detector is 2 pounds of acrylic at a standard cost of $4.30 per pound. During May, the company purchased 890 pounds and used 830 pounds of acrylic and made 410 radon detectors. The company paid $4.45 per pound for the acrylic. There were 400 detectors budgeted for May. How much is the material price variance? A) $134 unfavorable B) $43 unfavorable C) $177 unfavorable D) $263 unfavorable 8. Ultimate Production manufactures radon detectors. The standards for materials for each detector is 2 pounds of acrylic at a standard cost of $4.30 per pound. During May, the company purchase detectors. The company paid $4.45 per pound for the acrylic. There were 400 detectors budgeted for May. How much is the material quantity variance? A) $134 unfavorable B) $43 unfavorable C) $177 unfavorable D) $263 unfavorable d 890 pounds and used 830 pounds of acrylic and made 410 radon