Table Manufacturing Company produce one

style of tables.

The following data pertain to producing one

Table

Planned production per month

Units (one table) 100

Piece of woods (M) 20

Estimated M price $30

Actual production

Quantity purchased (QP) 18

Actual price (AP) $34

The calculated total material variance is

1. 72 Favorable

2. 72 Unfavorable

3. 60 Favorable

4. 60 Unfavorable

5.12 Favorable

6. 12 Unfavorable