Kindly help me with accounting questions Brighton Manufacturing produces tennis balls. Standard directmaterials quantity is 0.3 pounds of rubber per ball at $3.50 per pound.Actual production of 45,000 balls used 0.32 pounds per ball at $3.45per pound. Calculate the direct materials price and quantity variances.

To calculate the direct materials price and quantity variances, we will use the following formulas:…

Answered: Brighton Manufacturing produces tennis…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...

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Brighton Manufacturing produces tennis balls. Standard direct materials quantity is 0.3 pounds of rubber per ball at $3.50 per pound. Actual production of 45,000 balls used 0.32 pounds per ball at $3.45 per pound. Calculate the direct materials price and quantity variances.