• The corporate office had budgeted Domino's to sell 4,500 medium pizzas during the week beginning September 15. Each pizza was expected to contain 10 ounces of dough. During the week of September 15, the shop actually sold 5,000 pizzas and used 52,000 ounces of dough. The standard cost of dough is $0.20 per ounce. The variance report from company headquarters showed an unfavorable materials usage variance of $140.
• Required:
  1. Verify if the materials usage variance is accurate. If not, provide the correct calculation.
  2. Suggest three independent reasons for the materials usage variance found in Requirement 1.