(Solution) - SITO Elevator Company manufactures small hydroelectric elevators -(2025 Original AI-Free Solution)

Paper Details

SITO Elevator Company manufactures small hydroelectric elevators with a maximum capacity of ten passengers. One of the direct materials used is heavy duty carpeting for the floor of the elevator. The direct materials quantity standard for April was 8 square yards per elevator. During April, the purchasing agent purchased this carpeting at $11 per square yard; the standard price for the period was $12. Ninety elevators were completed and sold during the month; the Production Department used an average of 8.5 square yards of carper per elevator. Calculate the company?s direct materials price and quantity variances for carpeting for April.