Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An accountant calculated the cost varlances for March based on the following Information. If 75,000 units were produced and sold in March, what is the
An accountant calculated the cost varlances for March based on the following Information. If 75,000 units were produced and sold in March, what is the company's direct materials quantify variance? Direct materials standard cost Direct materials quantity standard Actual cost of materials purchased and used Actual quantity of materials purchased and used $ 4.23 per pound 3 pounds per unit $ 4.18 per pound 230,000 pounds Multiple Choice $ 20,900 favorable. $18,750 unfavorable. $ 21,150 favorable. $20,900 unfavorable. $ 21,150 unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started