Question: GripRite manufactures high-grade golf grips. Variance data for the polymer material used in the grips for the most recent month of operations follows: Materials price

GripRite manufactures high-grade golf grips. Variance data for the polymer material used in the grips for the most recent month of operations follows:
Materials price variance ... $3,150 U
Materials quantity variance . $4,500 F
Flexible budget quantity .. 18,000 pounds
Budgeted price ....... $1.50 per pound

Required:
How much of the polymer material (in pounds) did GripeRite actually use in production during the most recent month? What was the actual price per pound of the polymer material?

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