Acoma, Inc., has determined a standard direct materials cost per unit of $8(2feetx $4per foot). Last month,

Question:

Acoma, Inc., has determined a standard direct materials cost per unit of $8 (2 feet x $4 per foot).
Last month, Acoma purchased and used 4,200 feet of direct materials for which it paid $15,750.
The company produced and sold 2,000 units during the month. Calculate the direct materials price, quantity, and spending variances.