Solution-Calculate the direct materials price and quantity

Calculate the direct materials price and quantity variances

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Reference no: EM132999365

The following information is available for Sunland's Chocolates:

Actual production 5,250 boxes

Budgeted production 3,810 boxes

Direct Materials Standard 2 pounds of chocolate per box @ $ 4.00 per pound

Actual 9,500 pounds purchased @ $ 4.10 per pound 10,000 pounds used

Problem (a) Calculate the direct materials price and quantity variances.

Reference no: EM132999365

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Calculate the direct materials price and quantity variances

Reference no: EM132999365

Reference no: EM132999365

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