The following direct materials data pertain to the operations of Flint Co. for the month of December. Standard materials price $5.00 per pound Actual quantity of materials purchased and used 17,190 pounds The standard cost card shows that a finished product contains 4 pounds of materials. The 17,190 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,180 units of finished product were manufactured. Calculate the materials variances. Identify whether each variance is favorable or unfavorable. Materials Price Variance $enter a dollar amount select an option Materials Quantity Variance $enter a dollar amount select an option Total Materials Variance $enter a dollar amount select an option

View Policies Current Attempt in Progress The following direct materials data pertain to the operations of Flint Co.for the month of December. Standard materials price $5.00 per pound Actual quantity of materials purchased and used 17,190 pounds The standard cost card shows that a finished product contains 4 pounds of materials. The 17,190 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,180 units of finished product were manufactured. Calculate the materials variances. Identify whether each variance is favorable or unfavorable. Materials Price Variance Materials Quantity Variance $ Total Materials Variance $ e Textbook and Media Save for Later Attempts: 0 of 1 used Submit