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Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit):
Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Standard Standard Standard Quantity x Price Cost Direct materials 3 pounds $4.50 per pound $13.50 Direct labor 2.00 hours 12.00 per hour 24.00 Total cost $37.50 Sitka Industries made 3,100 ladders in July and used 9,100 pounds of material to make these units. Sitka Industries bought 15,500 pounds of material in the current period. There was a $300 unfavorable direct materials price variance. Enter all amounts as positive numbers. How much in total did Sitka pay for the 15,500 pounds? Amount paid $ 69,905 X B. What is the direct materials quantity variance? Direct materials quantity variances C. What is the total direct materials cost variance? Total direct materials cost variance $ D. What if 9,700 pounds were used to make these ladders, what would be the direct materials quantity variance? Direct materials quantity variances aterials price variance, how much did Sitka E. If there was a $350 favorable direct pay for the 15,500 pounds of material? Amount paid $
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