The following information is available for Great Outdoors Corporation, which produces sturdy camping chairs.

...Actual camping chairs produced = 5,000

...Actual direct materials purchased and used = 21,250 pounds

...Actual direct materials cost per pound = $4.90 per pound

...Budgeted camping chairs produced = 5,500

...Budgeted direct materials purchased and used = 22,000 pounds

...Budgeted total spending on direct materials = $110,000

Use the information presented for Great Outdoors to compute the materials spending variance.

Use the information presented for Great Outdoors to compute the materials efficiency variance.

Use the information presented for Great Outdoors to compute the materials activity variance.

Answer rating: 100% (QA)

materials spending variance 2125 F materials efficiency variance 6250 ... View the full answer