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Consider the following information: Direct material purchased and used, 91,000 gallons Standard quantity of direct material allowed for May production, 88,900 gallons Actual cost of
Consider the following information: Direct material purchased and used, 91,000 gallons Standard quantity of direct material allowed for May production, 88,900 gallons Actual cost of direct materials purchased and used, $183,450 Unfavorable direct-material quantity variance, $4,515 The direct-material price variance is: Multiple Choice $5,565 F. $5,565 U. $12,200 F. $12,200 U. None of the answers is correct
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