The standards for product V28 call for 9 2 pounds of a raw material that costs $19,00 per pound Last month 3,200 pounds of the raw material were purchased for $60,160 The actual output of the month wos 330 unts of product V28 A total of 3,200 pounds of the raw material were used to produce this output The direct materiais purchases variance is compufed when the materials are purchosed Required a Whot is the materials price variance for the month b What is the materials quantity variance for the month (indicate the effect of each variance by selecting F for fovoroble, U for unfovorable, and None for no effect (Le,, zero variance) Input all amounts as positive values ) The standards for product V28 call for 9 2 pounds of a raw material that costs $19,00 per pound Last month 3,200 pounds of the raw material were purchased for $60,160 The actual output of the month wos 330 unts of product V28 A total of 3,200 pounds of the raw material were used to produce this output The direct materiais purchases variance is compufed when the materials are purchosed Required a Whot is the materials price variance for the month b What is the materials quantity variance for the month (indicate the effect of each variance by selecting F for fovoroble, U for unfovorable, and None for no effect (Le,, zero variance) Input all amounts as positive values )

Question

The standards for product V28 call for 9 2 pounds of a raw material that costs $19,00 per pound Last month  3,200 pounds of the raw material were purchased for $60,160  The actual output of the month wos 330 unts of product V28  A total of 3,200 pounds of the raw material were used to produce this output  The direct materiais purchases variance is compufed when the materials are purchosed  Required  a  Whot is the materials price variance for the month  b What is the materials quantity variance for the month  (indicate the effect of each variance by selecting  F  for fovoroble,   U   for unfovorable, and  None  for no effect (Le,, zero variance)  Input all amounts as positive values ) The standards for product V28 call for 9 2 pounds of a raw material that costs $19,00 per pound Last month  3,200 pounds of the raw material were purchased for $60,160  The actual output of the month wos 330 unts of product V28  A total of 3,200 pounds of the raw material were used to produce this output  The direct materiais purchases variance is compufed when the materials are purchosed  Required  a  Whot is the materials price variance for the month  b What is the materials quantity variance for the month  (indicate the effect of each variance by selecting  F  for fovoroble,   U   for unfovorable, and  None  for no effect (Le,, zero variance)  Input all amounts as positive values )

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The standards for product V28 call for 9.2 pounds of a raw material that costs $19,00 per pound Last month. 3,200 pounds of the raw

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