Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Actual direct material used for the month of June totaled 14,500 pounds in order to produce 4,700 equivalent units. The June budget called for using

Actual direct material used for the month of June totaled 14,500 pounds in order to produce 4,700 equivalent units. The June budget called for using 15,000 pounds of material to produce 5,000 units. What was the material usage variance for the month?

Question 10 options:

$400 favorable

$400 unfavorable

$900 favorable

$900 unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Pioneers Of Critical Accounting A Celebration Of The Life Of Tony Lowe

Authors: Jim Haslam, Prem Sikka

1st Edition

113754211X, 9781137542113

More Books

Students also viewed these Accounting questions