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The standard cost of product B manufactured by TLC company includes 3 unit s of direct materials at $6.75 per unit during June 28,000 units
The standard cost of product B manufactured by TLC company includes 3 unit s of direct materials at $6.75 per unit during June 28,000 units of direct materials are purchased at a cost of $6.35 per unit and 28,000 units of direct materials are used to produce 9,000 of product B. Compute the totals material variance and the price and quantity variances and list whether favroable or unfavorable REpeat this question with assuming the purchase price is $7.02 and the quantity purchased and used is 26,200 units.
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