Question
11.The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standard yards per unit: standard, 4.62 yards;
11.The following data relate to direct materials costs for February:
Materials cost per yard: standard, $1.93; actual, $2.03
Standard yards per unit: standard, 4.62 yards; actual, 5.05 yards
Units of production: 9,000
Calculate the direct materials quantity variance.
a.$7,469.10 unfavorable
b.$7,856.10 unfavorable
c.$7,856.10 favorable
d.$7,469.10 favorable
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
