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You were in charge of buying hamburger for a party. You planned for 14 pound of hamburger per burger, 60 burgers served the party, and
You were in charge of buying hamburger for a party. You planned for 14 pound of hamburger per burger, 60 burgers served the party, and hamburger costing $4.00 per pound. Actually you served 54 burgers, hamburger cost $3.69 per pound, and you used 1/3 pound of hamburger per burger and had no leftover hamburger meat. What is the pattern of variances for hamburger cost due to these differences? Direct Materials Direct Materials Direct Materials Direct Materials Quantity Spending Activity Price Variance Variance Variance Variance Option 1 U F F Option 2 F U U F Option 3 F F Option 4 U Option 1 Option 4 Option 2 Option 3
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