Question: answer correctly Acoma, Incorporated, has determined a standard direct materials cost per unit of $6.40 ( 2 feet $3.20 per foot). Last month, Acoma. purchased

answer correctly

Acoma, Incorporated, has determined a standard direct materials cost per unit of $6.40 ( 2 feet $3.20 per foot). Last month, Acoma. purchased and used 4,500 feet of direct materials, for which it paid $13,950. The company produced and sold 2,130 units during the month. Required: Calculate the direct materials price, quantity, and spending variances. Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places

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