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T&C Tees is a manufacturer of T-shirts. The standard amount of 100% cotton jersey fabric used to make each T-shirt is 2.3 yards. The standard

T&C Tees is a manufacturer of T-shirts. The standard amount of 100% cotton jersey fabric used to make each T-shirt is 2.3 yards. The standard price per yard of the fabric is $2.75. During last month, T&C purchased 6,200 yards of the jersey fabric for $13,000. The production department used 5,000 yards to produce 1,800 T-shirts during the month.

Compute the material price and quantity variances. (Round answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)
Material Price Variance
$



Unfavorable Favorable Neither Unfavorable nor Favorable


Material Quantity Variance
$



Unfavorable Neither Unfavorable nor Favorable Favorable

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