Bowie Sporting Goods manufactures sleeping bags. Themanufacturing standards per sleeping bag, based on 5,000 sleepingbags per month, are as follows:
Direct material of 6.00 yards at $5.75 per yard
Direct labor of 3.00 hours at $17.00 per hour
Overhead applied per sleeping bag at $15.00
In the month of April, the company actually produced 5,200sleeping bags using 27,300 yards of material at a cost of $5.10 peryard. The labor used was 11,700 hours at an average rate of $18.50per hour. The actual overhead spending was $96,200.
Determine the total materials variance and round to the nearestwhole dollar. Enter a favorable variance as a negative number.Enter an unfavorable variance as a positive number.
