5 Actual cost is 4,200 pounds at $4 per pound Standard cost is 4,000 pounds at $5 per pound materials price variance is A $4,200 favorable B $4,000 favorable C $1,000 unfavorable D $800 unfavorable The direct 6 Actual cost is 4,200 pounds at $4 per pound Standard cost is 4,000 pounds at $5 per pound The direct materials quantity variance is A $4,200 favorable B $4,000 favorable C $1,000 unfavorable D $800 unfavorable 7 The department usually responsible for an unfavorable material quantity variance is A purchasing B production C engineering D accounting 8 Actual cost is 3,000 hours at $30 per hour Standard cost is 4,000 hours at $25 per hour The direct labor rate variance is A $20,000 unfavorable B $20,000 favorable C $15,000 unfavorable D $15,000 favorable

Question

5  Actual cost is 4,200 pounds at $4 per pound  Standard cost is 4,000 pounds at $5 per pound  materials price variance is A  $4,200 favorable B  $4,000 favorable C  $1,000 unfavorable D  $800 unfavorable The direct 6  Actual cost is 4,200 pounds at $4 per pound  Standard cost is 4,000 pounds at $5 per pound  The direct materials quantity variance is A  $4,200 favorable B  $4,000 favorable C  $1,000 unfavorable D  $800 unfavorable 7  The department usually responsible for an unfavorable material quantity variance is A  purchasing B  production C  engineering D  accounting 8  Actual cost is 3,000 hours at $30 per hour  Standard cost is 4,000 hours at $25 per hour  The direct labor rate variance is A  $20,000 unfavorable B  $20,000 favorable C  $15,000 unfavorable D  $15,000 favorable

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Question

5. Actual cost is 4,200 pounds at $4 per pound. Standard cost is 4,000 pounds at $5 per pound. materials price variance is A. $4,200

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