Prepare truck divisions direct materials variances

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Reference no: EM13538864

Information about the use of direct materials at EZ Toys' Trucks Division for October follows:

Standard costs


2 units per truck @ $2.5 per unit

= $5 per truck

Trucks produced in October

= 10,000

Actual materials purchased and used


22,000 units @ $2.4 per unit

= $52,800

There was no beginning inventory on October 1.

Required:

Prepare Truck Division's direct materials variances for October.

Reference no: EM13538864

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