Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Subatomic Shirts' standard cost included 0.70 metres of direct material per t-shirt at $3.80 per metre. Subatomic actually used 32,500 metres of direct material at
Subatomic Shirts' standard cost included 0.70 metres of direct material per t-shirt at $3.80 per metre. Subatomic actually used 32,500 metres of direct material at a cost of $3.75 per metre to produce 50,000 t-shirts. a) Calculate the direct materials price variance: $ b) Is the direct materials price variance favourable or unfavourable? c) Calculate the direct materials quantity variance:$ e) Calculate the total direct materials variance: s f Is the total direct materials variance favourable or unfavourable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started