10 acct questions 5

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Sunland Company’s standard materials cost per unit of output is $10.50 (2.50 pounds x $4.20). During July, the company purchases and uses 2,700 pounds of materials costing $14,580 in making 1,200 units of �nished product.

Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and �nal answers to 0 decimal places, e.g. 52.)

Total materials variance $

Materials price variance $

Materials quantity variance $

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221 HW7 Ch 26 Ch 27

Question 3 of 10 - / 1

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221 HW7 Ch 26 Ch 27

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