Question
Arrow Industries has gathered the following budgeted information. Direct Material 8 pounds/unit $1.80 per pound Direct Labor .25 hour/unit $8.00 per hour During November, Arrow
Arrow Industries has gathered the following budgeted information.
|
|
|
Direct Material | 8 pounds/unit | $1.80 per pound |
Direct Labor | .25 hour/unit | $8.00 per hour |
During November, Arrow purchased 160,000 pounds of direct materials and used 165,000 pounds. The total cost of purchases was $304,000. Direct labor costs for November was $37,800. The budgeted production was 18,500 units. Arrow manufactured 19,000 units of product during November using 5,000 direct labor hours.
Determine the DM Price variance for November?
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The Well Church Book A Practical Guide To Mission Audit
Authors: John Finney
1st Edition
0862015499, 978-0862015497
