Question
A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (405,000 units @
A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2.00/unit) $ 810,000 Actual costs: Direct Materials costs incurred (403,750 units @ $2.20/unit) $ 888,250 Multiple Choice $80,750 Favorable. $78,250 Unfavorable. $2,500 Favorable. $78,250 Favorable. $80,750 Unfavorable.
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Accounting Information For Decisions
Authors: Robert Ingram, Thomas L. Albright, Bruce A. Baldwin, John Hill
1st Edition
0538815388, 978-0538815383
