Step-by-step solution
1. Step 1 of 7
1.
(a)
Calculation of the Direct Material Variances are as follows:
Data Given Units Manufactured 3,750
Standard quantity of Material per unit 2.5 ounce
Standard quantity of Total units 9,375
Standard price per micron $20.00
Standard quantity of Total units 9,375
Standard price of Total units $187,500
