Last month, Brittney Corporation purchased and used the same quantity of material in producing its product, speed bumps for traffic control.
View the direct materials information.
Complete the following table. (Round your answers to two decimal places.)
Direct materials information
Medium speed bump
Large speed bump
Standard pounds per unit
16
16.5
Standard price per pound
$ 1.00
$ 1.60
Actual quantity purchased and used per unit
Actual price paid for material per pound
$ 1.40
$ 2.30
Direct materials price variance
$ 1,440 U
$ 6,930 U
Direct materials quantity variance
$ 1,200 F
Total direct material variance
$ 5,490 U
Number of units produced
300
600
