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 price variance.
A. -$1,450 favorable
B. -$3,110 favorable
C. $3,110 unfavorable
D. $1,450 unfavorable
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Trap Doors And Trojan Horses An Auditing Action Adventure
Authors: D. Larry Crumbley, David Kerr, Veronica Paz, Lawrence Smith
1st Edition
1531021573, 978-1531021573
