Question
25.The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.05 Standard yards per unit: standard, 4.74 yards;
25.The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.05 Standard yards per unit: standard, 4.74 yards; actual, 4.93 yards Units of production: 9,400 Calculate the direct materials price variance.
a.$1,128.00 unfavorable
b.$5,561.04 favorable
c.$5,346.72 favorable
d.$5,561.04 unfavorable
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
4th Canadian Edition
0470155353, 978-0470155356
