yahoo mail GB Question 2 (2 points land B But car broken down? w 5 D H 2 C M PAS Archive a Move Delete 10. Spam Question 2 (2 points) Wings Ltd, mass produce "suit cases for travel in a variety of colours, but only in one design. The following Information had been extracted from the compari's standard cost sheet for the month of March based on the production of 18,000 cases Plastic Leather 10 metres at $450 per te 3 metres at $3.00 per metre P! Actual costs incurred during the month of March were Purchased 185,000 metres of plastic at 54.45 per met Purchased 50.000 metres of leather at S10 martie Used 175.000 metres of plasticat $4.45 per metre Used 48.000 metres of leather at $10 per me Based on the purchased quantity, determine the direct material pose varians of boatewal (timber and leather in making the cases. See formulas blow Standard costs mus. Doctent loan PO Purchased Quantity, APA Pic Standar Putty standard Actualiteit Standard rates All Actual Hours Standard Inst Pric Pror SHO Material Variances Dect Material Price Variant pucha De Material duantity and CESTAS Total Material contrasto Get m your ta with Find messages, documents, photos or people a Back Archive Move Delete Spam Standard Costs Formulas as per your prescribed text book PQ - Purchased Quantity; AP - Actual Price; SP - Standard Price; AQ - Actual Quantity: 5Q-Standard Quantity; AR - Actual Rate; SR - Standard Rate; AH - Actual Hours; SH - Standard Hours Material Variances Direct Material Price Variance (based on purchased quantity)=PQAP-SP) / (PQ XAP)-(PQ XSP) Direct Material Quantity Variance = SPIAQ - SQ) / (AQ X SP) - (SQ x SP) Total Material Variance = Price + Quantity from above A) $9.250 (F) plastic, $5,000 (U) leather B) $9,250 (U) plastic, $5,000 (F) leather de C) $8,750 (U) plastic, $4,800 (U) leather D) $8.750 (F) plastic, $11,000(F) leather Hide COMPAS