Bradleys materials quantity variance for the current month was exactly one-half of its materials price variance. Both variances were unfavorable. The companys cost accountant has supplied the following standard cost information:

Standard price per pound of materia	$20
Actual pounds purchased and used during the month	800 pounds
Actual cost per pound of materials purchased and used	22$
Actual units manufactured during the month	760 units
Normal productive output per month	780 units

Compute Bradleys materials price variance. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)

Materials price variance

$????

favorable/unfavorable?

Compute the standard quantity of materials allowed for producing 780 units of product.

Standard quantity of materials

?????

pounds

Record the journal entry to charge Work in Process for the cost of materials used during the month. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal Entry Worksheet

Record direct materials applied to production.
	transaction	general journal	Debit	credit