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Ruby Company produces a chair for which the standard specifies 5 yards of material per unit. The standard price of one yard of material is

Ruby Company produces a chair for which the standard specifies 5 yards of material per unit. The standard price of one yard of material is $12.10. During the month, 5,900 chairs were manufactured, using 30,100 yards at a cost of $11.37 per yard.

Determine the following: Enter favorable variances as negative numbers.

Line Item Description Amount Variance
a. Direct materials price variance $fill in the blank 1

FavorableUnfavorable

b. Direct materials quantity variance $fill in the blank 3

FavorableUnfavorable

c. Total direct materials cost variance $fill in the blank 5

FavorableUnfavorable

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