Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Boxes Company has collected the following data for one of its products Direct Materials Standard (3 pounds @ 1/lb) $3 per finished good Direct Materials
Boxes Company has collected the following data for one of its products
Direct Materials Standard (3 pounds @ 1/lb) $3 per finished good
Direct Materials flexible budget variance-unfavorable $14,000
Actual direct materials used 100,000 pounds
Actual finished goods produced 25,000
What is the direct materials efficiency variance?
A. $11,009 unfavorable
B. $11,000 favorable
C. $25,000 unfavorable
D. $25,000 favorable
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