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# Total Materials Variance and Materials Price Variance

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Question 6
Buerhle Company purchased (at a cost of \$11,500) and used 2,350 pounds of materials during May. Buerhle's standard cost of materials per unit produced is based on 2 pounds per unit at a cost \$5 per pound. Production in May was 1,100 units.
Compute the total, price, and quantity variances for materials.

Total materials variance \$
Materials price variance \$
Materials quantity variance \$

#### Solution Preview

Dear student,

Solution to your posted problem is provided herewith. It is also provided in a separate word document attached in the format given by you.

Computation of Direct Material variances

Preliminary working:

Standard Quantity or Usage for actual output achieved =
Actual output X Standard input allowed per unit of output
...

#### Solution Summary

Total materials variance, materials price variance and materials quantity variance is determined.

\$2.19