104.The Delux Company purchased and used 2,900 yards of material in its manufacturing process. The actual cost of the materials was $2.20 per yard. Standard materials and costs were 2,700 yards at...

104.The Delux Company purchased and used 2,900 yards of material in its manufacturing process. The actual cost of the materials was $2.20 per yard. Standard materials and costs were 2,700 yards at $2.00 per yard.


Required:


(a) Compute the materials quantity variance.
(b) Compute the materials price variance.
(c) Compute the total material variance.

105.Caesar, Inc. purchased and used 47,600 pounds of goods to produce an actual quantity of 15,300 units. Each unit required 3 pounds of goods. The quantity variance was $10,200 unfavorable and the price variance was $7,140 unfavorable. What was the actual price and the standard price per pound?