Baldwine company makes cabinet. One model, the delux ,has the following requirement .materials 40 feet of wood at birr 1.20per foot ,direct labour 4hours at birr 7 per hour ,variable overhead birr 5 per direct labour hour .during june 199×4, the company made 1200 deluxe cabinets. Operating results were as follows: material purchased [58,000feet at birr 1.15] birr 66700, material used 51200 feet ,direct labour [4750 hours at birr 7.10] birr 337255,variable overhead birr 23900.A. compute the material price variance?
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