Question: Last month, Bugsby Corporation purchased and used the same quantity of material in producing its speed bumps, a traffic control product. Complete the following table:
Last month, Bugsby Corporation purchased and used the same quantity of material in producing its speed bumps, a traffic control product. Complete the following table:
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Medium speed bump Large speed bump Standard pounds per unit Standard price per pound Actual quantity purchased and used Actual price paid for material Direct materials price variance . Direct materials quantity variance Total direct material variance Number of units produced . 15 $ 3.50 $3.90 16 unit per $ 4.70 $ 7,680 U $ 4.10 $ 2,520 U $ 1,050 F $ 5,340 U 300 600
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Direct materials information Medium Large Standard pounds per unit 15 17 ... View full answer
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