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29. Baskets Inc. gathered the following actual results for the current month: Actual amounts: Units produced 5,600 Direct materials purchased and used (7800 lbs) $70,200
| 29. Baskets Inc. gathered the following actual results for the current month: | ||||
| Actual amounts: | ||||
| Units produced | 5,600 | |||
| Direct materials purchased and used (7800 lbs) | $70,200 | |||
| Budgeted production and standard costs were: | ||||
| Budgeted production | 5300 units | |||
| Direct materials | 2.0 lbs/unit at $3/lb. | |||
| What is the direct materials quantity variance? | ||||
| A) $10,200 unfavorable | ||||
| B) $9,600 favorable | ||||
| C) $10,200 favorable | ||||
| D) $46,800 unfavorable | ||||
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Forensics Audits And Dreaming
Authors: Helgard Petrus - Coetser
1st Edition
1664260250, 978-1664260252
