Question: Problem 3: A unit of Product A requires two (2) kilos of Material B15 at a price of P5.00 per kilo. Ten (10) units of

Problem 3: A unit of Product A requires two (2) kilos of Material B15 at a price of P5.00 per kilo. Ten (10) units of Product A were manufactured and 22 kilos of B15 was purchased and consumed. The actual price was P6.00 per Kilo. Required: Compute for the Material Price Variance, Material Usage Variance, and Total Material Variance

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