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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

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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 $10.50. During the month, 7,600 chairs were manufactured, using 37,600 yards at a cost of $11.13 per yard. Determine the following: Enter favorable variances as negative numbers. a. Direct materials price variance b. Direct materials quantity variance c. Total direct materials cost variance 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 $10.50. During the month, 7,600 chairs were manufactured, using 37,600 yards at a cost of $11.13 per yard. Determine the following: Enter favorable variances as negative numbers. a. Direct materials price variance Favorable b. Direct materials quantity variance Unfavorable c. Total direct materials cost variance Tucker Company produced 7,300 units of product that required 3.10 standard hours per unit. The standard variable overhead cost per unit is $4.60 per hour. The actual variable factory overhead was $106,180. Determine the variable factory overhead controllable variance. Enter a favorable variance as a negative number

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