Business, 24.11.2020 22:10 Gababon

Ruby Company produces a chair for which the standard specifies 6 yards of material per unit. The standard price of one yard of material is $11.90. During the month, 4,400 chairs were manufactured, using 25,900 yards at a cost of $11.31 per yard. Determine the following: Enter favorable variances as negative numbers.

a. Direct materials price variance $fill in the blank
b. Direct materials quantity variance $fill in the blank
c. Total direct materials cost variance. $fill in the blank

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Ruby Company produces a chair for which the standard specifies 6 yards of material per unit. The sta...

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