Question

Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per unit. The standard price is $9 per pound. If 5,000 units required 45,900 pounds, which were purchased at $8.64 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ b. Direct materials quantity variance $ c. Total direct materials cost variance $

Answer #1

Direct Materials Variances Bellingham Company produces a product
that requires 8 standard pounds per unit. The standard price is
$6.5 per pound. If 3,000 units required 24,500 pounds, which were
purchased at $6.37 per pound, what is the direct materials (a)
price variance, (b) quantity variance, and (c) total direct
materials cost variance? Enter a favorable variance as a negative
number using a minus sign and an unfavorable variance as a positive
number. a. Direct materials price variance $ Favorable...

Direct Materials Variances
Bellingham Company produces a product that requires 12 standard
pounds per unit. The standard price is $10.5 per pound. If 5,900
units used 72,900 pounds, which were purchased at $10.29 per pound,
what is the direct materials (a) price variance, (b) quantity
variance, and (c) cost variance? Enter a favorable variance as a
negative number using a minus sign and an unfavorable variance as a
positive number.
a. Direct materials price variance
$
Unfavorable
b. Direct...

Direct Materials Variances
Bellingham Company produces a product that requires 15 standard
pounds per unit. The standard price is $7 per pound. If 3,100 units
used 44,600 pounds, which were purchased at $7.21 per pound, what
is the direct materials (a) price variance, (b) quantity variance,
and (c) cost variance? Enter a favorable variance as a negative
number using a minus sign and an unfavorable variance as a positive
number.
a. Direct materials price variance
?
Unfavorable
b. Direct materials...

Direct Materials Variances Bellingham Company produces a product
that requires 14 standard pounds per unit. The standard price is $6
per pound. If 3,400 units required 49,000 pounds, which were
purchased at $6.3 per pound, what is the direct materials (a) price
variance, (b) quantity variance, and (c) total direct materials
cost variance? Enter a favorable variance as a negative number
using a minus sign and an unfavorable variance as a positive
number. a. Direct materials price variance $ Unfavorable...

Direct Materials Variances
Bellingham Company produces a product that requires 14 standard
pounds per unit. The standard price is $8 per pound. If 5,100 units
required 74,300 pounds, which were purchased at $7.76 per pound,
what is the direct materials (a) price variance, (b) quantity
variance, and (c) total direct materials cost variance? Enter a
favorable variance as a negative number using a minus sign and an
unfavorable variance as a positive number.

Direct Materials Variances
Bellingham Company produces a product that requires five
standard pounds per unit. The standard price is $6 per pound. If
6,400 units used 31,400 pounds, which were purchased at $6.24 per
pound, what is the direct materials (a) price variance, (b)
quantity variance, and (c) cost variance? Enter a favorable
variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
a. Direct materials price variance
$
b. Direct materials quantity...

Direct Materials Variances
Bellingham Company produces a product that requires five
standard pounds per unit. The standard price is $4 per pound. If
3,000 units used 15,500 pounds, which were purchased at $3.8 per
pound, what is the direct materials (a) price variance, (b)
quantity variance, and (c) cost variance? Enter a favorable
variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
a. Direct materials price variance
$
b. Direct materials quantity...

Bellingham Company produces a product that requires nine
standard pounds per unit. The standard price is $6 per pound. If
6,000 units used 55,100 pounds, which were purchased at $5.82 per
pound, what is the direct materials (a) price variance, (b)
quantity variance, and (c) cost variance? Enter a favorable
variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
a. Direct materials price variance
$
Favorable
b. Direct materials quantity variance
$...

1. Bellingham Company produces a product that requires 14
standard pounds per unit. The standard price is $10.5 per pound. If
2,500 units used 35,700 pounds, which were purchased at $10.08 per
pound, what is the direct materials (a) price variance, (b)
quantity variance, and (c) cost variance? Enter a favorable
variance as a negative number using a minus sign and an unfavorable
variance as a positive number.
a. Direct materials price variance
$
Favorable
b. Direct materials quantity variance...

Bellingham Company produces a product that requires 2.5 standard
pounds per unit. The standard price is $3.75 per pound. If 15,000
units used 36,000 pounds, which were purchased at $4.00 per pound,
what is the direct materials (a) price variance, (b) quantity
variance, and (c) cost variance? Enter a favorable variance as a
negative number using a minus sign and an unfavorable variance as a
positive number.

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