A company's cost of production is made up of the cost of direct materials and the cost
Question:
A company's cost of production is made up of the cost of direct materials and the cost of direct labour. The following variances have been calculated at the end of three month's production:
The actual cost of production was $23 440. What was the standard cost of production?
A. $22 220
B. $23 020
C. $23 060
D. $24 580
Transcribed Image Text:
e Direct materials usage var bubong Turbo Direct materials price 200 $ 1600 adverse 1300 favourable 820 fa favourable 900 adverse A Direct labour efficiency) Direct labour rate ovaly 0012 a
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