Question

The following computation of the materials variances of Weitzen Foods is incomplete. The missing data are labeled (a) through (d).
Materials price variance = 3,640 pounds ×
[(a) standard price - $9.00 actual price] . . . . . . . . . . . . . . . . $910 Unfavorable
Materials quantity variance = (b) ×
[3,800 pounds - (c) actual quantity] . . . . . . . . . . . . . . . . . . $ (d)

Supply the missing data for items (a) through (d). Prepare a caption describing the item, as well as indicating the dollar amount and physical quantity. Briefly explain each answer, including how you determined the amount.



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  • CreatedApril 17, 2014
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