XYZ uses a standard costing system in the manufacture of its single product. The 34,000 units...

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XYZ uses a standard costing system in the manufacture of its single product. The 34,000 units of direct materials purchased and used cost $105,000, and 2 units of direct materials are required to produce one unit of final product. In November, the company produced 12,600 units of product. The flexible budget for materials was $60,000, and the favorable static budget variance was $32.000. The number of outputs planned for in XYZ's static budget was 12,600 28,770 15,330 22,667 XYZ uses a standard costing system in the manufacture of its single product. The 34,000 units of direct materials purchased and used cost $105,000, and 2 units of direct materials are required to produce one unit of final product. In November, the company produced 12,600 units of product. The flexible budget for materials was $60,000, and the favorable static budget variance was $32.000. The number of outputs planned for in XYZ's static budget was 12,600 28,770 15,330 22,667

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