Southside Pizzeria wants to improve its ability to manage the ingredient costs associated with making and selling its pizzas. For the

month of June, the company plans to make $1,000$ pizzas. It has created a planning budget that includes a cost formula for mozzarella

cheese of $$3\mathrm{.}20$ per pizza. At the end of June, Southside actually sold $1,100$ pizzas and the actual cost of the cheese that it used during

the month was $$2,820.$

Required:

What is the mozzarella cheese spending variance for June?

Assume that the company establishes a price standard of $$0\mathrm{.}40$ per ounce for mozzarella cheese and a quantity standard of eight

ounces of cheese per pizza. Also, assume that Southside actually used $9,400$ ounces of cheese during the month to make $1,100$

pizzas.

a$.$ What is the materials price variance for mozzarella cheese for June?

b$.$ What is the materials quantity variance for mozzarella cheese for June?

c$.$ What is the materials spending variance for mozzarella cheese for June?

Complete this question by entering your answers in the tabs below.

What is the mozzarella cheese spending variance for June? $($Indicate the effect of each variance by selecting $"$F$"$ for favorable,

$"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.$)$