Question: Medium speed Large speed bump bump Direct materials information 15 ? Standard pounds per unit.... Standard price per pound.... 3.50 $ 3.90 Actual quantity purchased

 Medium speed Large speed bump bump Direct materials information 15 ?Standard pounds per unit.... Standard price per pound.... 3.50 $ 3.90 Actual

Medium speed Large speed bump bump Direct materials information 15 ? Standard pounds per unit.... Standard price per pound.... 3.50 $ 3.90 Actual quantity purchased and used per unit ? 16 $ 4.10 $ 4.70 Actual price paid for material per pound Direct materials price variance.. $2,520 U $7,680 U Direct materials quantity variance. 1,050 F ? Total direct material variance. ? $5,340 U Number of units produced 300 600 Last month, Bugsby Corporation purchased and used the same quantity of material in producing its speed bumps, a traffic control product. (Click the icon to view the table.) Complete the following table. (Round your answers to two decimal places.) Medium Large Direct materials information speed bump speed bump Standard pounds per unit 15 Standard price per pound $ $ 3.50 $ 3.90 Actual quantity purchased and used per unit 16 Actual price paid for material per pound $ 4.10 4.70 Direct materials price variance $ 2,520 U $ 7,680 U Direct materials quantity variance $ 1,050 F Total direct material variance $ 5,340 U Number of units produced 300 600

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