Question
Question Content Area The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.04 Standard yards per unit:
Question Content Area
The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.04 Standard yards per unit: standard, 4.71 yards; actual, 5.01 yards Units of production: 9,400
Compute the direct materials price variance. Round your answer to two decimal places.
a. $5,651.28 favorable
b. $5,651.28 unfavorable
c. $1,128.00 unfavorable
d. $5,312.88 favorable
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Intermediate Accounting
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
Volume 1, 6th Edition
1259103250, 978-1259103254, 978-0071339476
