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The following information is available for Sunland's Chocolates: Actual production Budgeted production 3,300 boxes 3,730 boxes Direct Materials Standard Actual 3 pounds of chocolate per

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The following information is available for Sunland's Chocolates: Actual production Budgeted production 3,300 boxes 3,730 boxes Direct Materials Standard Actual 3 pounds of chocolate per box @ $5.00 per pound 8,200 pounds purchased @ $5.10 per pound 8,700 pounds used (a) Calculate the direct materials price and quantity variances. $ ta Unfavorable Direct material price variance $ Favorable

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