# Dvorak Company produces a product that requires 5 standard pounds per unit. The standard price is $2.50 per pound. If 1,000 units required 4,500 pounds, which were purchased at $3.00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ b. Direct materials quantity varia

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Answer:a. Direct materials price variance $2,250b. Direct materials quantity variance - $11,250 c. Total direct materials cost variance - $9,000Explanation:a. Direct materials price variancematerials price variance =(AP-SP)×AQ =($3.00-$2.50)× 4,500 pounds = $2,250b. Direct materials quantity variancematerials quantity variance = (AQ-SQ)× SP = (4,500 pounds - 5,000 pounds)×$2.50 = - $11,250 c. Total direct materials cost varianceTotal direct materials cost variance=Direct materials price variance+Direct materials quantity variance = $2,250-$11,250 = - $9,000