Question
A company developed the following per unit materials standards for its product: 3 gallons of direct materials at $5 per gallon. If 2,000 units of
A company developed the following per unit materials standards for its product: 3 gallons of direct materials at $5 per gallon. If 2,000 units of product were produced last month and 5,750 gallons of direct materials were used, the direct materials quantity variance was:
| a. | $750 favorable | |
| b. | $1,250 favorable | |
| c. | $7,500 favorable | |
| d. | $11,250 favorable.
|
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Financial Accounting An International Perspective
Authors: Arne Kinserdal
2nd Edition
0273631543, 978-0273631545
