The following information is available for Concord's Chocolates: (a) Calculate the direct materials price and quantity variances

Question 3 of 8 View Policies Current Attempt in Progress The following information is available for Concord's Chocolates: Actual production Budgeted production Direct Materials 5,100 3,900 boxes boxes Standard Actual 2 pounds of chocolate per box@ $4.00 per pound 9, 100 pounds purchased @ $4.10 per pound 9,600 pounds used (a) Calculate the direct materials price and quantity variances. Direct material price variance Direct material quantity variance eTextbook and Media Save for Later Attempts: O of 4 used Submit Answer