whick Materiais variances Cinturon Corporation procesulty other belts. The companyant in bolne standard conting witem and has set the wine standards formatos do Luthers) $12.00 Cirect labor (0.75, 5123 Tytale 121.00 During the first month of the year, the Borse plant produced $2,000 to Actuer purchase was 294,108 trips 52,00 perro. There were being ending one of the Acadia borwa 60,000 hours at $12.50 per hour Required 1 break down the total verance for materiale into a price variance and a unape verlanca uting the columnar and forme approachen Entor forte es as negative unter and wfavorable as a positive number Price variance 294,500 Favorable Usage variance -106,000 Unfavorable Total variance 188,500 Favorable 2. CONCEPTUAL CONNECTION Suppose the Bolse plant manager investigates the materiais variances and told by the purchasing manager trata cheaper source of leather strips had been the this is the reason for the favorable material price variance Qure pleased the purchasing manager suggests that the materias prie standard be updated to reflect this new, let pensive source of strip. Should the plant manager update the materia price and as suggested? Why ar why not? 1. No. The sugestion of the purchasing manager is premature. A favorable material price can produce an effect on tomatensat and later var 2. Yes, the purchasing manager is correct. This will improve the overall protability of the company 3. NO. The suggestion of the purchasing manager is incorrect. The matere not available and so changes to the price standard should not be made Previous Net whick Materiais variances Cinturon Corporation procesulty other belts. The companyant in bolne standard conting witem and has set the wine standards formatos do Luthers) $12.00 Cirect labor (0.75, 5123 Tytale 121.00 During the first month of the year, the Borse plant produced $2,000 to Actuer purchase was 294,108 trips 52,00 perro. There were being ending one of the Acadia borwa 60,000 hours at $12.50 per hour Required 1 break down the total verance for materiale into a price variance and a unape verlanca uting the columnar and forme approachen Entor forte es as negative unter and wfavorable as a positive number Price variance 294,500 Favorable Usage variance -106,000 Unfavorable Total variance 188,500 Favorable 2. CONCEPTUAL CONNECTION Suppose the Bolse plant manager investigates the materiais variances and told by the purchasing manager trata cheaper source of leather strips had been the this is the reason for the favorable material price variance Qure pleased the purchasing manager suggests that the materias prie standard be updated to reflect this new, let pensive source of strip. Should the plant manager update the materia price and as suggested? Why ar why not? 1. No. The sugestion of the purchasing manager is premature. A favorable material price can produce an effect on tomatensat and later var 2. Yes, the purchasing manager is correct. This will improve the overall protability of the company 3. NO. The suggestion of the purchasing manager is incorrect. The matere not available and so changes to the price standard should not be made Previous Net