Question
Auto Suppliers Inc. provides the following standard and actual costs for direct materials to produce 3,000 units of product: Quantity for actual production Price per
Auto Suppliers Inc. provides the following standard and actual costs for direct materials to produce 3,000 units of product:
| Quantity for actual production | Price per lb. | |
| Standard | 2,100 lbs. | $5.70 |
| Actual | 2,900 lbs. | $5.20 |
Determine the direct material quantity variance.
-$850 favorable
-$500 favorable
$850 unfavorable
$500 unfavorable
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Stand Up To The IRS How To Handle Audits Tax Bills And Tax Court
Authors: Frederick W. Daily Robin Leonard
2nd Edition
0873372409, 978-0873372404
