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Sheridan's Style manufactures dining room tables for both home and restaurant locations. Steven Edward, the company's controller. developed the following standard costs for each 5-foot
Sheridan's Style manufactures dining room tables for both home and restaurant locations. Steven Edward, the company's controller. developed the following standard costs for each 5-foot table. Ms. Edward developed these standards based on the company manufacturing 1,380 tables per month. - The company actually manufactured 1,280 tables during the month. - 6,080 linear feet of direct materials were purchased during the month at a total cost of $258,400. - 5,580 linear feet of direct materials were used to manufacture the tables. - 15,780 direct labor hours were worked at a total cost of $244,440. - Actual variable overhead was $276,400. - Actual fixed overhead was $412,300. Calculate the direct material price variance for the month. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Direct material price variance eTextbook and Media Attempts: 2 of 3 used (b) Your answer is partially correct. Calculate the direct material quantity variance for the month. (If variance is zero, select "Not Applicable' and enter O for the amounts.) Direct material quantity variance
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