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Sizzle Company uses a standard cost system to collect costs related to the production of its No-Stick lawn chairs. The direct material for the chairs
Sizzle Company uses a standard cost system to collect costs related to the production of its "No-Stick" lawn chairs. The direct material for the chairs is teflon. Sizzle uses a standard direct material cost of $43.20 per chair (0.8 pounds of teflon $54.00 per pound). During April, Sizzle purchased 2,900 pounds of teflon for $158,775. Sizzle used 2,590 pounds of this teflon in April to produce 2,640 lawn chairs.
1) What is Sizzle's materials price variance & materials quantity variance for April?
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