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The following direct materials variance computations are incomplete: Price variance = ( $ ? - $ 1 0 ) 8 , 8 0 0 k
The following direct materials variance computations are incomplete:
Price variance $$$
Efficiency variance $
Flexible budget variance $
Requirement
Fill in the missing values and identify the flexible budget variance as favourable or unfavourable.
Answer the following questions about the missing value in the first computation. Round your answer to the nearest cent.
What is the missing value in the first computation?
What is the amount of the missing value?
Answer the following questions about the first missing value in the second computation.
What is the first missing value in the second computation?
What is the amount of this missing value in kilograms
Answer the following questions about the second missing value in the second computation. Enter the amount as a positive number.
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