Question: Provide step by step solutions The following direct materials variance computations are incomplete: Price variance = ($? - $9) x 10,400 kg $5,200 U Efficiency

Provide step by step solutions

Provide step by step solutions The following direct materials variance computations are

The following direct materials variance computations are incomplete: Price variance = ($? - $9) x 10,400 kg $5,200 U Efficiency variance = (? - 10,800 kg) x $9 = ?F Flexible budget = $? variance Requirement 1. Fill in the missing values and identify the flexible budget variance as favourable or unfavourable. In the first computation the missing value is the at $ . (Round your answer to the nearest cent.) (Enter the amount as a positive number. Round your answers to the nearest whole number.) In the second computation the first missing value is the at |kg. The second missing value is the at $ F . The flexible budget variance is $ . This variance is (Enter the amount as a positive number. Round your answers to the nearest whole number.)

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