Widget Maker Manufacturing uses job costing. In May, material requisitions were $44,000 ($39,600 of these were direct materials), and raw material purchases were $58,400. The end of month balance in raw materials inventory was $25,100. What was the beginning raw materials inventory balance

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.