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Subatomic Shirts planned on producing 50,000 t-shirts in 2013 and using 0.75 metres of material at $1.85 per metre for each t-shirt. In 2013, Subatomic
Subatomic Shirts planned on producing 50,000 t-shirts in 2013 and using 0.75 metres of material at $1.85 per metre for each t-shirt. In 2013, Subatomic actually used 41,500 metres of material in production at a cost of $2.00 per metre. a) Calculate the direct materials price variance: $ b) Is the direct materials price variance favourable or unfavourable? c) Calculate the direct materials quantity variance: $ d) Is the direct materials quantity variance favourable or unfavourable? e) Calculate the total direct materials variance:$ f) Is the total direct materials variance favourable or unfavourable
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