Question: Four Leaf Clovers, Inc. ran into some unfortunate luck when their computer system crash. As a result of the crash, valuable information regarding direct material
Four Leaf Clovers, Inc. ran into some unfortunate luck when their computer system crash. As a result of the crash, valuable information regarding direct material purchases and usage were stolen. A manager was able to pull previous records and determined that 3,000 fewer feet were used in the production of 50,000 units of one of its products last period than were purchased. Data also shows that the total direct material variance for the material was $10,000 unfavorable. The direct material price variance was documented to be $150,000 favorable, which resulted from the actual cost per foot of direct material being $4.00 lower than the expected cost of $10.00 per foot. Additional documentation regarding the direct materials quantity variance could not be found. How many feet were expected to be used to produce one unit of the product
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