Amanufactured product has the following information for june. standard actual direct materials (5 lbs. @ $7 per lb.) 39,400 lbs. @ $7.10 per lb. direct labor (3 hrs. @ $16 per hr.) 23,100 hrs. @ $16.40 per hr. overhead (3 hrs. @ $12 per hr.) $ 286,500 units manufactured 7,800 compute the direct materials price variance and the direct materials quantity variance. indicate whether each variance is favorable or unfavorable.

price variance      3,940 U

quantity variance 2,800 F

Explanation:

DIRECT MATERIALS VARIANCES

std cost          $7.00

actual cost  $7.10

quantity      39,400

difference                  $(0.10)

price variance  $(3,940.00)

The difference between std cost and actual cost is negative, we purchased at a higher cost. the variance is unfavorable.

std quantity         39,000.00 (7,800 manufactured units x 5 lbs per unit)

actual quantity39,400.00

std cost                       $ 7.00

difference             -400.00

quantity variance $ (2,800.00)

We used more lbs than our standard for the output. This means we are not efficient in the use of materials. this variance is unfavorable as well

answer; ///the correct answer is (ftc) federal trade commission;

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )